Fonterra fined $300,000 over last year’s whey protein incident

April 4 (BusinessDesk) – Fonterra Cooperative Group, the nation’s dominant dairy exporter, was fined $300,000 for breaches of the Animal Products Act during last year’s whey protein concentrate incident.
Judge Peter Hobbs fined Fonterra $60,000 for three separate charges and $120,000 for a fourth charge in the Wellington District Court. He gave Fonterra a discount for its early guilty plea and for the steps the company took to address the issue, however he stepped up the penalty to reflect the company’s size.
The Ministry for Primary Industri...
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