A lawyer for investors in the failed Blue Chip finance company says its founder should face tough questions when he returns to New Zealand and seeks to overturn his bankruptcy.
Mark Bryers' company collapsed six years ago, owing 2000 investors a total of $84 million.
A lawyer for former Blue Chip investors, Paul Dale, said media reports suggested Bryers was living an unusually lavish lifestyle in Australia for a bankrupt.
He said Bryers' possible return was a chance for the authorities to investigate whether he had any reserves of cash which could be given to the investors.
Bryers was made bankrupt and fined over $37,000 in 2010 for various financial breaches.
He has lived in Australia since then.