EUFA NZ

Exposing Unacceptable Financial Activities Inc. Soc

REPORT RELEASED - MARCH 2009

Media Release: Friday 3 April 2009

This morning BlueChip clients, Jack and Ngaire Williams of Tauranga held a celebration breakfast with family and friends to celebrate today’s cancellation of a proposed the Mortgagee sale of thier home.

EUFA members have been protesting over any recovery action while an investigation into the BlueChip failure is incomplete. The legal action being taken on behalf of many BlueChip clients also has a process, but it appears lenders are targeting those who had not taken legal action.

The formal cancellation of the auction scheduled for 3 April is reported to be cancelled due to the Williams’ protest which thwarted the mortgagees efforts to market the property. The Williams family have put signs of protest on their property and have not cooperated with the real-estate agents assigned by the lenders.

Member of EUFA, Karina Williams was recently appointed as spokes person for the members who are living under the threat of mortgagee sales.

Ms Williams from the Uenuku Iwi of Whanganui, is known for her tenacity in stopping the Japanese gaining ownership of a part of Mount Ruapehu.

Today from Tauranga Ms Williams said “If we can pull together and save a mountain we can save my parents home at 21 Bell Common Close. People must stand up for what is right and take whatever action they have, to stop unjust processes.”

BlueChip clients facing eviction have the full support of EUFA and Ms Williams will stand up for anyone who is being sold up prematurely.

Ms Williams commitment to stand up and be counted on this is driven by her loyalty to the elderly and to the injustice of the BlueChip crisis.

She added “We must save our old people and get government to act and stop the bullying tactics where people are being forced from their sanctuaries, their homes” .

END

Contact

Karina Williams

0272424179