A property development company owned by Auckland Mayor Wayne Brown’s chief of staff, Jaswant Sailendra Singh (also known as Jazz), has gone into liquidation owing $570,000 in tax, a development of which the mayor was reportedly unaware, Newsroom has reported.
Traxx Investments Limited, owned solely by Singh, was placed into voluntary liquidation on June 4. The first report by liquidators Steven Khov and Kieran Jones, dated June 11, states the company has no assets and lists Inland Revenue as the sole preferential creditor, with a debt of $569,739. The liquidators noted they had not yet received a claim from Inland Revenue.
A spokesman for Mayor Brown said the mayor had never heard of Traxx Investments and had not received any advice…