Seven days over deadline: Crafar stays put

Allan Crafar says he has no plans to leave his home. Photo / Daily Post

Embattled dairy farm owner Allan Crafar remains on his family farm in the Waikato, a week after the deadline expired for him to vacate the land.

The Crafar family owes more than $200 million to PGG Wrightson and banks after its central North Island farms went into receivership late last year.

Receivers KordaMentha have offered Crafar six months' free rent in Rotorua but only if they left their farm on April 9.

But seven days after the deadline Crafar remains on his farm, without any word from the receivers about moving on.

While Crafar said "no news was good news" he said he was "battling on" and lived in hope that Bill Gates would pay him out.

"You don't have a number for him do you," he joked.

Receivers KordaMentha are in talks with a Chinese-owned company Natural Dairy to sell the assets.

Natural Dairy spokesman Bill Ralston said Natural Dairy was working on a business case for the Overseas Investment Office, after the office asked the company for more information about its proposed New Zealand acquisitions.

That case would be with the office in the next week or 10 days, he said.

Receivers KordaMentha have yet to comment.