Richard Raymond KC acting for White Island Tours Ltd at the Whakaari White Island sentencing sentencing hearing in the Environment Court, Auckland, 26 February 2024.
Photo: RNZ / Marika Khabazi
Liquidators of failed Whakaari White Island tour company White Island Tours have been able to realise only $53,839 in assets – but have outlined more than $8 million in debts.
Liquidators Gareth Hoole and Ray Cox of Ecovis KGA have issued their six-monthly report.
The company was put into liquidation on 7 June.
22 people died and 25 others were injured when the island – a popular tourist site – erupted in 2019.
The company, which took visitors to the island via boat, was fined $517,000 and ordered to pay $5 million in reparations to…
