New Zealand is perceived as being the least corrupt nation on earth, but perception doesn’t always match up to reality. Many of New Zealand’s largest businesses listed on the NZX50 don’t pass some fundamental best practice ethics tests and fraud is rife in smaller businesses, government departments are not immune Government dept WINZ fails to stop…
Verbal fisticuffs were thrown in the corridors of power today as the political backlash over the government’s purchase of new fleet of new BMW limousines refused to die down. This is becoming known as the Cash for Cars scandal. The purchase of the cars, some with extras such as heated seats, went ahead despite National’s…
Angry and frustrated business owners took to the streets of Christchurch’s CBD today in an effort to gain access to resources that have remained trapped behind the cordon since the 22 February quake. Businessmen and women, the very people who are supposed to be able to lead the Christchurch recovery, are angry that they’ve been…
New Zealand’s corrupt underbelly has been exposed briefly again with the prosecution of a former Accident Compensation Corporation (ACC) property manager: Malcolm David Mason. The ACC is a Crown organisation, its role is set out by the NZ government and it provides injury cover for all New Zealanders and visitors. According to various news reports…
New Zealand, the country perceived to have the ‘lowest rates of corruption’ has suffered more than $72 million dollars worth of fraud in the first six months of 2010, but that is only the “tip of the iceberg” says KPMG forensics expert Stephen Bell. According to an article on Stuff: Cash-strapped Kiwis bitten by recession…
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