The high-flying and controversial promoter of New Zealand's largest theatrical disaster is travelling overseas and cruising the Hauraki Gulf in his superyacht while creditors, receivers and liquidators pursue him for debts totalling more than $1.7 million.

Jihong Lu first came to public attention in Auckland in the late 1990s with an ambitious multi-billion dollar plan to develop Britomart. The money never arrived and the plan flopped, leading to Lu's bankruptcy in 2000 over a $3m debt.

He re-emerged last year as the driving force behind City of 100 Lovers, a wildly ambitious musical set in Auckland that was performed in

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