SFO probes use of non-public funds at NZ Defence Force

SFO probes use of non-public funds at NZ Defence Force
Victoria Young
The Serious Fraud Office has launched a probe into alleged misuse of non-public funds at the New Zealand Defence Force. The fraud agency is expected to complete the probe in early 2020, the NZDF said in written answers to questions from Parliament's foreign affairs, defence and trade committee on its annual review.The NZDF’s group of entities includes 11 non-public funds, which are designed to give benefits to service personnel. Three are linked to the air force, while four are army funds and the rest naval. The value of the funds is...

More Law & Regulation

EA below legal minimum as members depart
Law & Regulation

EA below legal minimum as members depart

Key decisions face delay as the Govt prepares new appointments.

Yoyoso, Miniso and Acecco stores go into liquidation
Retail

Yoyoso, Miniso and Acecco stores go into liquidation

Liquidators warn unsecured creditors may recover 0% of what they are owed.

Jaime Lyth 12 Jan 2026
Govt extends open-data regime to electricity retailing
Law & Regulation

Govt extends open-data regime to electricity retailing

About 2m households and 165k small firms to gain access to usage data.

Ian Llewellyn 12 Jan 2026
FNZ employee shareholders revolt over latest capital raise
Finance Best of BusinessDesk

FNZ employee shareholders revolt over latest capital raise

Long-standing employees believed a raise halved their holdings.

Victoria Young 12 Jan 2026