Serious Fraud Office asking for tip-offs

Serious Fraud Office chief executive Adam Feeley. Photo / Brett Phibbs

The Serious Fraud Office is asking insolvency practitioners to tip it off and says the SFO Act protects them against allegations of confidentiality breaches.

SFO chief executive Adam Feeley told a corporate insolvency conference in Auckland that the SFO wanted to increase co-operation and sharing of information with insolvency practitioners.

In the past 12 months the SFO had been encouraged by the reporting of possible offending.

He cited cases such as Aorangi Securities, Hanover Finance, South Canterbury Finance and Herbert Insurance Group where insolvency practitioners had made significant contributions to the SFO's investigations.