ANZ is sticking to its guns and refusing to disclose more information about the luxury house it sold to the wife of former chief executive David Hisco who has been ousted over an expenses scandal.
It emerged on Friday that a St Heliers mansion was purchased by ANZ New Zealand owned subsidiary company, Arawata Assets, in 2011 for $7.5 million.
Despite a booming property market over the next six years the property was on-sold to Hisco's wife Deborah Veronica Walsh in July 2017 for just $6.9 million.
As of July 1 2017 the property at 269 St Heliers Bay Rd had a Rating Valuation of $10.75 million, according to Corelogic.
READ MORE: ANZ's low sale price of luxury Hisco St Heliers house raises questions