ComCom files criminal charges against Kiwibank

The charges involve alleged errors in Kiwibank’s manual and electronic systems.
The Commerce Commission has filed criminal charges against Kiwibank. The commission alleges systemic breaches of the Fair Trading Act over several years.Commerce Commission deputy chair Anne Callinan said these are serious charges, stemming from multiple errors in Kiwibank’s manual and electronic systems.“In the commission’s view these are longstanding, systemic breaches of the Fair Trading Act, some of which date back to Kiwibank’s inception in 2002,” Callinan said.The systemic breaches resulted in more than $7 mi...
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