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E-Gas liquidation prompts $17M fraud charge

E-Gas liquidation prompts $17M fraud charge

July 18 (BusinessDesk) - The directors of failed natural gas retailer E-Gas under-reported gas by some 950,000 gigajoules of consumption to commit frauds worth $17 million in total, the Serious Fraud Office alleges in charges filed in the Wellington District Court. Wellington-ba...

18 Jul 2012
'Disappointing' Air New Zealand share price erodes urgency on Crown to sell down stake

'Disappointing' Air New Zealand share price erodes urgency on Crown to sell down stake

By Paul McBeth July 18 (BusinessDesk) - Air New Zealand's "disappointing" share price means the government won't be in a hurry to sell down its three-quarter stake in the national carrier, which is ready to go at any time. Chairman John Palmer told Parliament's finance and exp...

18 Jul 2012
'Disappointing' Air New Zealand share price erodes urgency on Crown to sell down stake

'Disappointing' Air New Zealand share price erodes urgency on Crown to sell down stake

By Paul McBeth July 18 (BusinessDesk) - Air New Zealand's "disappointing" share price means the government won't be in a hurry to sell down its three-quarter stake in the national carrier, which is ready to go at any time. Chairman John Palmer told Parliament's finance and exp...

18 Jul 2012