Zespri sees SFO bill ballooning to $7.3 million

Wed, 20 Jul 2016

By Edwin Mitson July 20 (BusinessDesk) - Zespri International, the kiwifruit marketer, says its total bill for a Serious Fraud Office investigation has now risen to $6.8 million, with a further $500,000 set aside to cover costs in its 2015/16 accounts. In its annual review published this morning, Zespri said it continued to cooperate fully with the inquiry, but "the SFO has declined to communicate the focus of its investigation." It believes it has satisfied the requirements of the document production notices served on it by the SFO, but...

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