PremiumBen LeahyReporter·NZ Herald·5 Jul, 2026 05:00 PM4 mins to read‌Rickhil Prakash (inset), previously named as one of New Zealand's biggest property traders, has had his Hills Real Estate agency placed into liquidation, with the alleged debt of his network now shooting past $30 million.House-flipping king Rickhil Prakash allegedly withdrew as much as $6 million out of his own companies prior to their collapse, liquidators claim.Now liquidators are attempting to recover the funds as the debt across the collapsed Hills Real Estate network of firms climbs past $31.5m.

Liquidators recently found about $800,000