A High Court judge will decide whether the companies should be liquidated following a hearing scheduled for February 4.
If liquidation occurs, liquidators’ reports should shed more light on the companies’ outstanding debts. In the meantime, Inland Revenue declined to comment.
In a statement, Mills said he had spent the past eight months negotiating with officials at the tax department to settle “historic” issues.
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“We managed to raise more than 40% of the outstanding debt as part of our negotiations, but Inland Revenue declined to accept that,” Mills said.
“We continue to meet our current tax obligations while supporting many households through our family-owned business.”
Other hospitality…