Independent expert likely to probe NZ's foreign trust rules: PM

Sun, 10 Apr 2016

By Pattrick Smellie April 11 (BusinessDesk) - Prime Minister John Key is signalling a change of heart on the government's insistence last week that New Zealand's foreign trust rules are sound, telling RNZ's Morning Report programme the Cabinet will consider a proposal for an inquiry by an independent expert. Under pressure from revelations in the global leak of tax dodging practices known as the Panama Papers, Key said it was "highly likely that the government will ask an expert in this area to undertake an independent review." It migh...

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