Five years after the saga began, investors in the failed Allan Hubbard company Aorangi have had their original investments returned.

Aorangi Securities was owned by Allan and Jean Hubbard, and was placed into statutory management by the government in June 2010.

Statutory manager Grant Thornton received a final amount of $55-million-dollars.

After allowing for costs, just over $35-million-dollars was released to investors, while some were granted a small surplus by the courts.

Statutory managers had to follow a slow and exhaustive process to reconstruct financial records of every investor back to the launch of the fund.