PremiumMatt NippertBusiness Investigations Reporter·NZ Herald·22 Jul, 2026 12:00 AM3 mins to read‌More than 90% of financially stressed companies in New Zealand are terminated through liquidation. Photo / Getty ImagesThe director of a trucking firm that collapsed owing $1 million to Inland Revenue blames his wife for his financial predicament.Liquidator Grant Reynolds was appointed by shareholder resolution to Yasmine Holdings on July 8. The company’s register records Gurpreet Singh as sole director and shareholder.

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