Police search home owned by well-known Wellington landlord Matthew Ryan
Police conducted a search of a property owned by prominent Wellington landlord Matthew Ryan, who is currently facing unrelated legal charges. Ryan claims the search pertains to art he purchased legitimately, denying any connection to his ongoing business receivership issues.
Why it matters
The intersection of high-profile property investment, legal disputes, and police investigations draws significant public interest in local housing markets.
A well-known Wellington landlord says a police search at his home is related to art he says he "legitimately purchased".
Police searched the Karaka Bays house on Friday morning.
Two unmarked police cars were parked outside the address, and officers in uniform were seen carrying the items away.
Matthew Ryan says there has "not been a business collapse - the companies are solvent". (File photo)
Police confirmed they were conducting a preplanned search operation in Karaka Bays.
Ryan has owned more than 100 properties, and regularly spoken to the media about the housing market and property investment.
He had pleaded not guilty to charges including strangulation/suffocation, threatening to kill or cause grievous bodily harm, and unlawfully possessing a firearm.
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