|
Tuesday 23rd November 2010 |
Text too small? |
Former ACC national property manager Malcolm Mason has been charged by the Serious Fraud Office in a case SFO chief Adam Feeley described as "one of the most serious investigations into allegations of bribery and corruption in New Zealand in many years."
The SFO has laid eight charges against Mason and another individual (who has name suppression) relating to a series of corrupt property transactions involving the ACC.
Feeley said the charges, under the Crimes Act and Secret Commissions Act, were the result of an inquiry into numerous property development and leasing arrangements involving ACC over a two and a half year period.
"There have been wider, and serious, issues raised by this investigation; including procurement processes in the public sector; the process for referring corruption allegations to law enforcement agencies, and the scope of New Zealand's bribery laws," Feeley said.
"It is a timely reminder that despite a global reputation for being the least corrupt country in the world, there are constant and very real threats to that reputation."
Mason had worked for ACC for 32 years and in the role of national property manager had responsibility for the procurement of premises for the use of ACC, tendering for the suitable development of such premises and negotiating lease terms between ACC and the landlords of such premises.
Mason and the individual with name suppression were remanded without plea until December 14.
Feeley said the SFO investigation extended wider than the persons and transactions that were subject to the charges laid, but on the advice of the Wellington Crown Solicitor there was insufficient grounds for further action.
Pacific Edge Appoints Chief Commercial Officer
Ryman Healthcare reports 1H26 results
Tower reports record FY25 result, increased dividends
NZ King Salmon Investments Ltd releases FY25 (Sept) results
RBNZ - OCR lowered to 2.25%
SVR - Savor Interim Results and Trading Update
Genesis Energy Limited - Strategy & Earnings Growth On Trac
ARB - ArborGen Holdings Interim Results to 30 September 2025
FPH delivers strong growth for the first half
November 26th Morning Report