The sale of a controversial government-funded security firm that looks after Rotorua emergency housing motels has fallen over and owner Tiny Deane will face a licensing authority to decide his and the company’s future.
The Private Security Personnel Licensing Authority found Deane and his security business, Tigers Express Security, guilty of misconduct in June but it put off handing down penalties until after August 20 to allow Deane time to sell the security business to lessen the impact on its 50 staff.
The deadline for the sale was delayed four times to allow time to make the sale. The authority told the Rotorua Daily Post at the end of last month it “reluctantly” granted a final adjournment to advise if the business had sold to October 31 and the hearing would go ahead on November 15.
The proposed buyer, private investigator Terry Reardon, told the Rotorua Daily Post on Thursday that he had withdrawn from buying the business. He did not want to comment further.
Deane told the Rotorua Daily Post in a written statement that he was working on finding another buyer and he hoped to complete a sale before the hearing date to ensure the roles of staff were secure.