Auditor-General ramps up scrutiny of the Provincial Growth Fund

Tue, 16 Apr 2019

By Pattrick Smellie April 16 (BusinessDesk) - The government's auditor will increase its scrutiny of the $3 billion Provincial Growth Fund, citing risks of unappropriated spending occurring because its activities span several agencies and because it wants to examine the fund's systems of governance, management, monitoring and evaluation of outcomes. A prize wrangled by New Zealand First for going into coalition government with the Labour Party in 2017, the PGF has become a lightning rod for controversy because of the conduct of its lead m...

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