Michael Naera, 54, said they had lodged an unsecured creditor’s claim with the liquidators but believed it was unlikely they would get any money back.
“It’s an absolute horror story,” he told the Rotorua Daily Post.
CB Built managing director Callum Benn said the reasons for work stopping were “complex” and “not accurately reflected by a simple characterisation that the project was abandoned”.
Many matters remained disputed and were the subject of legal correspondence between the parties, and it would be inappropriate to discuss the allegations publicly, Benn said.
Naera said he and Frances bought the home 13 years ago. They live with their 19-year-old granddaughter, Kataraina Cudby, and their 38-year-old son, who lives in a…