Two members of a defunct Dunedin bowling club have been made bankrupt after failing to return monies wrongfully taken by them from the sale of the club's Dunedin premises.
Liquidator Trevor Laing has spent two years tracking down $350,000 in proceeds from the sale of the Otago Bowling Club, in Arthur St, which was split among members rather than given to community interests as per the club's constitution.
So far just over $210,000 had been recovered from members, but Mr Laing, who was about to finish liquidation proceedings, was not confident of retrieving much more of the remaining amount.
The two members made bankrupt were former president Lester Nash and Gaynor Hurring, who was believed to be living in Australia and who had proved difficult to contact, Mr Laing said in the report.
Among the money outstanding was $85,000 paid to a company in which Mr Nash was the sole director.