Michael Wood referred to privileges committee over shares

Michael Wood referred to privileges committee over shares
Michael Wood's ordeal over his share holdings is not over. (Image: Getty)
Ian Llewellyn
Former minister Michael Wood has been referred to parliament’s privileges committee for “knowingly providing false or misleading information” over the way he handled his share portfolio and declaring interests.The registrar of pecuniary and other specified interests, Maarten Wevers, looked into why Wood had not disclosed his shares on the register over many years.The former transport minister resigned from cabinet over his shareholdings and his failure to divest them despite repeated advice from cabinet officials. He had...

More Markets

Updated: Manawa shares sag with Contact deal odds
Finance

Updated: Manawa shares sag with Contact deal odds

Forsyth Barr analysts said chances are now 50/50. 

Updated: Fletcher says no change to NZICC date
Markets

Updated: Fletcher says no change to NZICC date

Both SkyCity and Fletcher Building say they are not to blame for the NZICC delay.

IkeGPS ends takeover talks as bid lacks shareholder support
Markets

IkeGPS ends takeover talks as bid lacks shareholder support

The offer valued the firm at $165-170 million, which shareholders viewed as too low.

SkyCity's Convention Centre woes continue
Markets

SkyCity's Convention Centre woes continue

The opening of the NZ International Convention Centre has been delayed till 2026.