Hubbard backers to meet

Allan Hubbard. Photo / Supplied

The Exposing Unacceptable Financial Activities (Eufa) group is holding a public meeting in Timaru next Friday to discuss issues surrounding the statutory management of Timaru businessman Allan Hubbard.

"Investors suffering will be empowered to have their say at the meeting, which will give the opportunity to put publicly on record a demand for accountability and explanation for the reasons their investments were put at risk," said Eufa's Suzanne Edmonds.

The Government appointed Trevor Thornton and Richard Simpson of Grant Thornton as statutory managers of the affairs of Aorangi Securities, seven charitable trusts and Hubbard and his wife last month.