Kōrero: Business failures and corporate fraud
William Larnach intended his amazing Gothic castle on Otago Peninsula to be ‘a monument to my enterprise’. But in Larnach’s later life his enterprise was not especially successful. A banker, a member of Parliament and a cabinet minister, he suffered severely with the collapse of the Colonial Bank. Overcome by depression, he committed suicide in Parliament buildings.
Mō tēnei mea
Larnach Castle
Photograph by Andris Apse
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