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Wales breaking news plus weather and traffic updates (Sunday, June 7)
The taxman has claimed a controversial property developer and his wife are unable to pay their debts. HMRC has launched a legal bid to wind up the partnership of Richard Hayward and wife Karen Athay – although the businessman denies they are insolvent.
Mr Hayward, 75, was a prominent figure in Welsh corporate life in the 2000s. The Penarth-based entrepreneur was involved in major developments including two leisure complexes – Cardiff’s Millennium Plaza and Swansea’s Salubrious Place.
He has also been at the centre of several controversies. In the 1990s he was banned from directing companies for three and a half years for wrongful trading, in 2012 he was convicted of putting tenants at risk of asbestos exposure, and in 2014 one of his companies was convicted of health and safety crimes over a labourer’s fall while working on luxury flats.
Mr Hayward also faced criticism after WalesOnline revealed he presented a £900,000 investment opportunity to a double amputee who then got zero return.
Now civil proceedings have been served against Mr Hayward in two separate cases. Here’s our full story.
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