Tuesday 23rd January 2018
|Text too small?|
A former trust asset manager and trustee has pleaded guilty to fraud in Auckland's High Court today over receiving secret payments in 2009 and 2012.
Saul Roberts was the asset manager for Te Roopu Taurima O Manukau Trust, a public healthcare provider for people with intellectual disabilities, and a trustee and employee of Te Kawerau Iwi Tribal Authority, set up to settle treaty claims.
In 2009, Roberts received a secret payment of $45,000 in return for withdrawing public submissions he had lodged on behalf of Te Kawerau against a proposed change to a district plan. The company that made the payment was unaware Roberts was acting without the knowledge and consent of his employer.
In 2012, he received secret commission payments in return for contracting work to certain suppliers to Te Roopu, including businesses owned by Atish Narayan, and received a certain percentage of each invoice as a cash kickback.
Narayan pleaded guilty to three charges for the fraud in 2017 and was sentenced to six months’ home detention and ordered to pay $14,000 in reparation in October last year. Narayan owned two auto repair businesses and made payments to Roberts in exchange for him arranging for vehicles owned by Te Roopu to be serviced or repaired at his businesses.
"Deliberate acts of fraud against a publicly funded health care provider and a charitable trust are completely unacceptable and a matter of significant public concern," said Serious Fraud Office director Julie Read in a statement. "The SFO’s role is to prosecute such matters on behalf of New Zealanders in order to keep these organisations free from corruption."
Roberts will be sentenced on Feb. 27.
No comments yet
Gold Report 21st May 2019
NZ dollar falls after RBA governor flags potential rate cut
ASB reviews ownership of Aegis
Auckland Airport kicks off next phase of expansion
Cashed-up Plexure eyes acquisitions to accelerate growth as loss shrinks
Tower turns to 1H profit, lifts FY guidance
IRD should have doubled claim against Watson's Cullen Group - Professor
Investore FY profit falls 16% on smaller valuation gain, signals flat dividend for 2020
Synlait receives cease and desist letter regarding Pokeno plant
21st May 2019 Morning Report