Janes' ACC appointment not tainted by Capital + Merchant failure

Thu, 14 Feb 2013

By Paul McBeth Feb. 14 (BusinessDesk) - Former Capital + Merchant Finance director Trevor Janes passed the smell-test on his appointment to head the Accident Compensation Corp board's investment committee after officials had a look at it. In response to questions from Labour Party MP Phil Twyford, ACC chair Paula Rebstock told Parliament's transport and industrial relations committee that officials undertook due diligence into Janes' role at Capital + Merchant and the Financial Markets Authority's investigation into the failed lender. "It...

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