UPDATED: SFO now has two electoral expense cases on the books
Law & Regulation

UPDATED: SFO now has two electoral expense cases on the books

(Updates to include second case) The Serious Fraud Office confirmed it would receive two referrals from NZ Police regarding mayoral election expenses.  The fraud agency has said it will assess referrals regarding the electoral expenses of Christchurch Mayor Lianne Dalziel a...

Victoria Young 28 Feb 2020
SFO tasked with Christchurch mayor election expenses case
Law & Regulation

SFO tasked with Christchurch mayor election expenses case

The Serious Fraud Office has picked up another politically sensitive job as it assesses a referral from police into Christchurch Mayor Lianne Dalziel’s electoral expenses.  The case is the latest political investigation for the agency which has this year laid charges against f...

Victoria Young 28 Feb 2020
Jones wants debt raising powers for NZTA
Infrastructure

Jones wants debt raising powers for NZTA

Infrastructure minister Shane Jones says the New Zealand Transport Agency should have the ability to raise debt like government housing organisation Kainga Ora. Early this year the government housing developer had its debt cap of $4.05 billion raised to $7.1 billion so that it ca...

Victoria Young 28 Feb 2020
Rakon chair hoses takeover talk
Listed Companies

Rakon chair hoses takeover talk

Shares in tech component maker Rakon have risen 15 percent following a media report it has received private equity interest. The stock has risen to 27.5 cents today. More than 560,000 shares have changed hands, more than seven times its 90-day average. The Financial Review report...

Victoria Young 27 Feb 2020