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A struck off accountant and former liquidator who is no stranger to claims of unpaid debts is facing renewed bankruptcy action.
Former insolvency practitioner and self professed “profit coach” Murray George Allott spent most of 2024 fighting to clear his $1.4 million tax debt and eventually got there by way of settlement with Inland Revenue in December of that year.
That was after earlier debts with the tax department in July 2019 of more than $480,000, that were also eventually settled. Allott was stripped of his insolvency practitioner’s licence, suspended as an accountant and fined $30,000 in December 2022 over the debts.
An application made by businessman Doug Somers-Edgar to have Allott bankrupted was heard at the High Court at Christchurch on Thursday morning. The plaintiff’s lawyer said it was not the first time they had applied to bankrupt Allott.
