PHOTO: Kenyon and Charlotte Clarke. FILE
In a dramatic turn of events, Kenyon Clarke, the founder of investment group Du Val, was arrested on Monday afternoon following an alleged altercation with a photographer outside his Remuera house.
Clarke confirmed to BusinessDesk that he was detained around 4 pm. A viral image shared on social media shows Clarke in handcuffs, being led away by police. According to Clarke, the incident involved a photographer attempting to capture photos of him and his family.
“My family has been stalked by lowlife mouth breathers, so if someone is outside my house when the kids are coming home, yelling stuff, I’m going to give them a pretty direct response,” Clarke told BusinessDesk.
Police responded to a disorder incident on Victoria Ave involving two parties, as confirmed by a statement to Stuff. No injuries were reported, but one individual was taken into custody at the time. Clarke has since been released without charge.
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The Du Val property group entered statutory management in August 2024, allegedly owing $237.5 million. The controversial property development group entered receivership following an early morning raid on August 2 at the mansion Clarke shares with his wife, Charlotte.
Established in 2013, Du Val has built numerous large-scale residential projects across Auckland. However, financial turmoil has led to significant losses for investors. In October, an investor interviewed by Stuff expressed regret, stating they wished they had “never, ever known Du Val” after losing over $100,000 invested with the property group.
According to PwC, Du Val’s debt includes $170.7 million to secured creditors, $41.2 million to investors, $18 million to unsecured creditors, and $7.5 million to preferential creditors.
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