‘Sock puppet’ insolvency practitioner before disciplinary tribunal

Rachael Reed, KC, is chairing the independent disciplinary tribunal hearing the case. (Image: File)

Tue, 09 Jul 2024

In an unusual accountancy "sock puppetry" case, an insolvency practitioner was brought before a disciplinary tribunal on July 3.The case, brought by the New Zealand Institute of Chartered Accountants (NZICA), was heard in Wellington before an independent disciplinary tribunal chaired by Rachael Reed, KC.Interim suppression orders applied to the names of anyone directly involved in the case and, by extension, anything that could divulge those individuals' identities.The NZICA advised they may be lifted once a ruling is issued...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Property

Du Val assets to remain frozen: Court

The judge’s decision is heavily redacted, pending a suppression appeal by the Clarkes.

Maria Slade 2:15pm

Markets

Sky shares rise on $1 deal with TV3 owner Discovery NZ

Sky TV scoops up TV3 off owner Discovery NZ in a synergy-laden $1 deal.

Staff reporters 2:00pm

Sky shares rise on $1 deal with TV3 owner Discovery NZ

Primary Sector

AgriZeroNZ invests $6.3m in US biotech BiomEdit

It's probiotic-based feed additive is dairy cow's productivity and cut emissions.

Riley Kennedy 12:00pm

AgriZeroNZ invests $6.3m in US biotech BiomEdit

Sponsored

Global real estate without the passport or paperwork

A global ETF offers access to income-generating real estate like data centres, healthcare and logistics warehouses – all in New Zealand dollars.

Blackrock, Smart Invest

Sponsored

‘Make Today the Day’: Why on-the-job training is the key to NZ’s service recovery

Covid gutted New Zealand’s service workforce. Training is the fix – and the future.

ServiceIQ

More Law & Regulation

Property

Du Val assets to remain frozen: Court

The judge’s decision is heavily redacted, pending a suppression appeal by the Clarkes.

Maria Slade 2:15pm

Law & Regulation

Debt collector fined for misleading conduct

A debt collector and its director have been convicted and fined for misleading conduct.Law Debt Collection (LDC) and its director, John Stuart Campbell, were ordered to pay a total of $115,500 in fines and emotional harm reparations for breaching the Fair Trading Act.Campbell and...

BD AI 11:38am