Mr Prassinos' companies Falcon Ridge Ltd, Jacks Bay Ltd and Goldrush Holdings Ltd were placed in the hands of liquidators in June last year over unspecified debts covering two properties in the Wanaka area.
The liquidator's six-monthly report said the three companies owed unsecured creditors more than $590,000.
Mr Prassinos, who contacted the Otago Daily Times to highlight his companies were out of liquidation, said the only creditor was SBS and that "no contractors or other creditors were ever a part of the attempted liquidations".
He was asked how much was repaid to the creditor SBS and also, separately, what total investor losses were.
"I am afraid I cannot comment on losses as such would be a breach of trust between ourselves and the other investors," Mr Prassinos said in response yesterday to written questions.
He "could not go into specifics" about how much the SBS debt was.
The Dunedin liquidators were contacted yesterday, and said the termination of liquidation proceedings in April meant Mr Prassinos had come to an arrangement to pay, but they "were not privy to the terms or his personal guarantee", which would have required the consent of all parties owed money.
