The New Zealand Financial Markets Authority (FMA) published an update on the interim liquidation of Chance Voight, recommending that investors fully inform themselves before providing any further funds to Bernard Whimp or any Chance Voight-related person or entity after he reportedly contacted investors seeking payments described as donations to fund legal expenses. The FMA also confirmed it has asked the High Court to place Chance Voight Investment Corporation Limited and a number of related companies into liquidation, with interim liquidators appointed pending the court’s decision. The liquidation application reflects the FMA’s view that there is reason to believe the companies may be insolvent, that the group’s affairs may have been conducted in breach of the Companies Act 1993, and that the group and its director may have breached the Financial Markets Conduct Act 2013 and other financial markets legislation. The FMA referenced months of correspondence with Mr Whimp and four compulsory information request notices under section 25 of the Financial Markets Authority Act 2011 seeking, among other things, accounting and financial records, with responses the FMA considered unsatisfactory. The High Court has also granted interim asset preservation orders against Mr Whimp and Hanmer Equities Limited, including restrictions on moving assets overseas, while not otherwise preventing access to or use of Mr Whimp’s personal assets. The High Court will hear the liquidation application on a date to be confirmed, and the interim liquidators must provide an initial report to the court by 26 January 2026.

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