DARREN HERFT TO BE INTERVIEWED UNDER OATH OVER GUVERA COLLAPSE

THE CEO of tech wreck Guvera, Darren Herft, will be grilled under oath in court over his involvement in the failed music streaming service along with seven other directors and former directors linked to the company’s collapse.

The Gold Coast financier will be the main interviewee at a public examination in the Federal Court next month which was called by the liquidator of three Guvera subsidiaries, Eddie Senatore of Deloitte.

Guvera founder Claes Loberg is also expected to give evidence under oath along with Michael De Vere, David Antonelli, Brad Christiansen, Stephen Porch, Phil Quartararo and John Andrew Lemon.

The examinations will be held in Sydney on November 14 and 17.

Guvera’s demise began when it attempted to list on the stock exchange last year through a prospectus that valued the loss-making company at more than $1.2b billion.

Its planned IPO was criticised by prominent Australian tech entrepreneurs, including Atlassian co-founder Mike Cannon-Brookes, and the ASX exercised its discretion to knock it back. Read more

Ben Hall – Business News Australia – 3 Oct 2017