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SFO charges ex-Sutton Group employees with attempting to defraud dairy group
By Paul McBeth Sept. 25 (BusinessDesk) - The Serious Fraud Office has laid 33 charges in the Auckland District Court against two former employees of dairy producer Sutton Group it says were trying to defraud the Auckland-based company. Paul Normington and Jin Weifing joint fac...
NZ building consents fall 1.5 percent in October; Canterbury permits rise
Nov. 30 (BusinessDesk) - New Zealand building consents fell 1.5 percent in October, snapping four monthly gains, with Canterbury and apartments underpinning new permits and issuance up markedly on the previous year. The number of new dwellings consented fell to a seasonally adju...
Gisborne Milk Co-op survival bid washed away by Fonterra 'perfect storm'
By Paul McBeth Jan. 10 (BusinessDesk) - Gisborne Milk Co-op, the 66-year-old Bay of Plenty dairy supplier in liquidation, has lost a last-ditch bid to get back shares and supply arrangements with Fonterra Cooperative Group. In the High Court in Auckland, Justice Rebecca Ellis...
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