SFO running two investigations into Christchurch rebuild, Fletcher defends invoicing

Thu, 21 Mar 2013

March 21 (BusinessDesk) - The Serious Fraud Office is running two investigations relating to the Canterbury rebuild, with the SFO saying there's evidence of other insurance fraud not serious enough for it to get involved. Separately, a unit of Fletcher Building defended its auditing of rebuild related invoices. The white-collar crime investigator has been keeping tabs on the $30 billion rebuild, which it expects will attract a certain level of offending due to the size of spending needed. Its two probes underway are "progressing well," it sa...

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