Foreign ministry accepts 'mismanagement of public funds' on $33m cloud IT project

Foreign ministry accepts 'mismanagement of public funds' on $33m cloud IT project
A damning report criticising the rollout of a ministry IT project has been leaked. (Image: Getty)
Dileepa Fonseka
The foreign ministry says it accepts findings of a PwC report alleging mismanagement of public funds on a $33 million information technology project.“We take any mismanagement of public funds very seriously,” the Ministry of Foreign Affairs and Trade (Mfat) said in a response included within a leaked report released to BusinessDesk.“Mfat is now performing a fundamental reset to the programme, including changes to scope, delivery approach and governance, removing unnecessary costs, with a return to orthodox project practice and...

More Editor's Picks

Why Savor Group won't sell you lamb cutlets
Markets Small Cap Wrap

Why Savor Group won't sell you lamb cutlets

Plus, its D-day for Tait's Vital takeover, and more.

Expressway bidder faces scrutiny amid Sydney rail allegations
Infrastructure

Expressway bidder faces scrutiny amid Sydney rail allegations

NZTA is monitoring the situation as it assesses a local bid involving Webuild.

Oliver Lewis 11 Sep 2025
ANZ's NZ operation may escape worst of 'Nuno-geddon'
Finance

ANZ's NZ operation may escape worst of 'Nuno-geddon'

ANZ NZ’s performance might be its potential saving grace.

Andy Macdonald 10 Sep 2025
Tariffs tanked markets – NZ Super Fund cashed in
Markets

Tariffs tanked markets – NZ Super Fund cashed in

The Super Fund netted $745 million from active investments. How?