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Home World New Zealand

Kiwifruit labor leader faces $57 million tax collapse after $7.1 million salary

13 March 2026
in New Zealand
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The director of Saran Contracting and Gurukirpa Contracting, Ajay Pal Singh, is under scrutiny following the collapse of both companies, which owe over $57 million to Inland Revenue. Financial statements reveal he paid himself $7.1 million in salary between 2019 and 2022 and purchased nearly $2 million in gold bars. Liquidation proceedings have uncovered no assets to cover the debts, with Singh claiming the companies are owed tax refunds.

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Tags: 201920222m57m71maccordingbarsbosscollapsecollapsedcompaniesDirectorFacesFinancialgoldhimselfinInlandkiwifruitLaborLabourlastLeaderMillionmore..nearlyonoverowingpaidrevenuesalaryspentstatementsTaxthanthat..Worthyear
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