COMMENT:

Shock, horror! An extremely wealthy CEO has been using chauffeur services, and the bank that he runs has been paying for it. Furthermore, that bank has been paying for the storage of his wine in Australia because they re-located him to New Zealand to be the CEO of their local operations here.

In the press conference held by ANZ's New Zealand chairman, Sir John Key and acting CEO Antonia Watson to explain Hisco's departure Key said "Hisco believed he had authority from the previous chief executive to spend money on the cars, but because this was 'oral authority' it

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