OPI Pacific Finance has been placed in receivership, at present owing over $250 million to investors.

Embarrassing mistake in company's financial statement.

Embarrassing 'fudge this' line slips into the company's annual financial statement.

The way Securities Commission chief executive Jane Diplock sees it, New Zealand's investor protection was way behind the rest of the world when she arrived. Since then, she says, there has been significant progress, but we are not there yet