SFO passes on more than 90 percent of complaints, says function isn’t compromised by lean budget

Thu, 05 Dec 2013

By Jonathan Underhill Dec. 5 (BusinessDesk) – The Serious Fraud Office completed 28 investigations last year, amounting to just 6 percent of complaints received though the state agency says its ability to pursue important cases isn’t compromised by a lean budget. Newly appointed chief executive Julie Read appeared before the law and order select committee yesterday for the SFO’s annual financial review. The corporate crime investigator is facing the end of 25 percent additional funding it got following the global financial crisis to pursue w...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News via email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Confirm Password

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.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
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 }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Quiz FREE

QuiznessDesk, Monday, June 27, 2022

The Quizmaster | Mon, 27 Jun 2022

Don't forget to give our daily quiz a go. Good luck!

Infrastructure

Six year wait for three waters reforms far too long, says Scottish expert

Pattrick Smellie | Mon, 27 Jun 2022

The three waters reform will not prove its worth as quickly as it could if economic regulation is delayed until 2030, says the head of the water regulator for Scotland, the template for NZ's reforms.

Markets

Fletcher wowed analysts at last week’s investor day

Jenny Ruth | Mon, 27 Jun 2022

All five of the analysts’ reports BusinessDesk has seen have either “overweight” or “outperform” investment recommendations on Fletcher shares.

SFO passes on more than 90 percent of complaints, says function isn’t compromised by lean budget

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team