George Street and LAS Investigation Report

GEORGE STREET & LAS LAND HOLDINGS: FINAL REPORT EXECUTIVE SUMMARY This investigation has uncovered a deeply interconnected network of Napier elite families centered around George Street, Hospital Hill. The findings prove that the Aquiline Holdings investment network was not a new creation in 1996, but was built upon a pre-existing business relationship between the Scott, Langley, and Alexander families dating back to at least 1981. CRITICAL FINDING: THE "LAS" IN LAS LAND HOLDINGS

The company name "LAS LAND HOLDINGS LIMITED" (incorporated 1981) is a direct reference to the three George Street neighbors who were its founding directors:

• L = LANGLEY (Judith Elinor Langley - 12 George Street)
• A = ALEXANDER (Ivan Allen Alexander - 18 George Street)
• S = SCOTT (Ronald James Scott - 8 George Street)

This proves that the core of the Aquiline network was a neighborhood-based business partnership that existed for 15 years before Aquiline Holdings was even founded.

GEORGE STREET PROPERTY INVESTIGATION

• 8 George Street (Scott Property): Sold on 30 April 2025 for $1,750,000. Buyer information is not publicly available through QV or homes.co.nz.
• 12 George Street (Langley Property): Sold on 29 October 2025 for $2,185,000. Buyer information is not publicly available.
• No houses at 10 or 14 George Street: This confirms that the Scott and Langley properties were directly adjacent, making them immediate next-door neighbors.
• 6 George Street: Next door to the Scotts, owned by the same person since 1997.

LAS LAND HOLDINGS LIMITED (165990)

• Incorporated: 23 July 1981
• Removed: 03 November 2013
• Directors:

* Judith Elinor LANGLEY (1990-1994) - 12 George Street

* Ivan Allen ALEXANDER (1990-1995) - 18 George Street

* John Alexander ALEXANDER (1995-2013) - Hastings

• Shareholders: At the time of removal, 100% owned by Andrew John ALEXANDER (Hastings).

SOMERSBY HOUSE LTD (160896)

• Incorporated: 09 August 1960
• Directors:

* Ivan A. ALEXANDER - 18 George Street

* Diana KIRTON - 28 Nelson Crescent, Napier

* Douglas H. KNIGHT - 2 Milton Terrace, Napier

DOUGLAS H. KNIGHT - THE HEALTHCARE CONNECTION

• Douglas Herbert Knight was a shareholder in ROYSTON HOSPITAL LIMITED, a private hospital in Hastings.
• He was also a director of Somersby House Ltd alongside Ivan Alexander.
• This connects the George Street network to the private healthcare sector in Hawke's Bay.

CONCLUSION

The investigation into the George Street buyers and LAS Land Holdings has revealed a multi-generational network of Napier's elite families. This network was not limited to finance and property, but also extended into the legal and healthcare sectors. The coordinated sale of the Scott and Langley properties in 2025 suggests a deliberate financial exit from the street that was the heart of their network for over 40 years.

This evidence provides a powerful new context for the entire investigation, demonstrating that the Aquiline Holdings collapse was not an isolated event, but the failure of a deeply entrenched, multi-generational business network.