Red-faced Transfield promises overdue payments within two working days

Fri, 06 Sep 2013

Sept. 6 (BusinessDesk) – Transfield Services, the Australian company at the centre of a row over payment of New Zealand sub-contractors on the national ultra-fast broadband project, has broken its two day silence on the issue to say all outstanding payments will be made in the next two working days. In a statement on the company’s website, Transfield apologises “for the disruption caused by payment problems, and we’re concerned and disappointed that it has escalated to this level.” The issue was highlighted by New Zealand First party leader W...

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