Max Key has spoken out after an Auckland construction company collapsed owing his business more than six figures.
The son of former prime minister John Key said he was “rattled” by the impact of the collapse.
Teak Construction Group was placed into liquidation earlier this month, with a report from liquidators showing the company owed about $7.9 million to creditors.
It has assets totalling just $6.4m, leaving a significant shortfall.
A company linked to Key, MTK Capital, was listed among creditors to the failed builder.
After asking his Instagram followers earlier this week if he should release a “tell-all” on the situation, Key has now spoken up in a video…