Christchurch rebuild fraud not as bad as predicted, risks remain, Tolley says

Wed, 04 Jun 2014

By Suze Metherell June 4 (BusinessDesk) - A proliferation of fraud in Christchurch, predicted by the Serious Fraud Office, hasn't eventuated, says Anne Tolley, the minister responsible for the white collar crime investigator. The SFO said in its 2013 annual report that it was seeing an uptick in graft associated with rebuilding work following Christchurch's earthquakes, which left much of the central city as a wasteland and created construction and infrastructure work that the Reserve Bank estimates will cost $40 billion. The SFO got 435...

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