A British executive has been ordered to cough up $16,730 after he failed to pay thousands in rent on a lavish Queenstown home.
Michael Pearce reportedly rented the $2000 per week Lake Hayes abode with his partner Fiona Knapp, whose jewellery brand has been featured in global publications including the New York Times.
Pearce told the Tenancy Tribunal earlier this year his funds had been blocked as a result of the “anti-money laundering regime in the UK”.
The Tribunal ruling said no evidence of this was provided.
By the time the Tenancy Tribunal heard the case, Pearce owed $14,285, which is well over the required 21 days in rent arrears to terminate a tenancy.
The Tribunal ruled that Pearce owed $16,709 for rent and electricity to Bognar.
“As Zsuzsanna Judith Bognar has wholly succeeded with the claim I must order the tenant to reimburse the filing fee,” the decision said.
The website for Knapp’s Jewellery brand, Fiona Knapp Jewels, said she opened her atelier in Notting Hill with one-off pieces with unique designs.
“Fiona is a New Zealand designer that has an established international clientele of jewellery enthusiasts & fine collectors of fine jewellery: Fiona is now living & working between London and her new home with her family in Queenstown.”
Pearce founded the Rockbridge International firm earlier this year.
Its website said he has worked as a financial adviser assisting small and medium-sized businesses with growth and fundraising.