
Payroll fraud accountant named by court
Name suppression has been lifted for an accountant who fiddled a payroll system to give himself a $10,000 payrise.
Name suppression has been lifted for an accountant who fiddled a payroll system to give himself a $10,000 payrise.
John Gray, the former accountant for collapsed finance company National Finance 2000 has been sentenced to 18 months prison for theft and false accounting. He was granted bail while he appeals his sentence.
The Ashburton-based auditor of Sth Canterbury Finance, Byron Pearson, has been censured and fined $38,000 by the Institute of Chartered Accountants.
Two more companies connected to South Canterbury Finance have been placed into receivership.
Investors in failed Strategic Finance could get as little as 12 cents in the dollar after bids for the firm's loan book fell short of expectations.
Reciever says he's not surprised the SFO is looking at certain loans.
Auckland businessman Martyn Scott has been remanded in custody after today pleading guilty to stealing $1.4m from a family-owned company.
This is almost certainly the last annual report from the Government Actuary on matters pertaining to KiwiSaver - or anything else - that will be published.
New Zealand has one of the lowest GST rates in the OECD, despite households now being charged at a higher rate than before.