Company director, Mark Andrew Turnock, has
pleaded guilty to a charge brought by the Financial Markets
Authority (FMA), relating to his involvement as director of
SPG Investment Company No.1 Limited (SPGI).
Mr Turnock
appeared in the Auckland High Court today and pleaded guilty
to the charge laid under the Financial Reporting Act.
The
charge relates to Mr Turnock making false statements in the
2008 and 2009 SPGI financial statements.
Mr Turnock will
be sentenced on 24 November 2015. The trial that was
scheduled to commence on 12 October 2015, will now not
proceed.
Last month, Mr Turnock’s SPGI co-director,
Andrew Hrothgar Robinson, also pleaded guilty to FMA charges
under the Financial Reporting Act, the Financial Advisers
Act and the Financial Service Providers (Registration and
Dispute Resolution)
Act.
If you're using Scoop for work, your organisation needs to pay a small license fee with Scoop Pro. We think that's fair, because your organisation is benefiting from using our news resources. In return, we'll also give your team access to pro news tools and keep Scoop free for personal use, because public access to news is important!
Depictions of Islam in Western popular culture have rarely been positive, even before 9/11. Five years on from the mosque shootings, this is one of the cultural headwinds that the Muslim community has to battle against. Whatever messages of tolerance and inclusion are offered in daylight, much of our culture tends to be hostile to Islam when we’re sitting in the dark, with popcorn. Any number of movie examples come to mind, beginning with Rudolf Valentino’s role (over a century ago) as the romantic Arab hero in The Sheik... More
Government: One-stop Shop Major Projects On The Fast Track The Coalition Government’s new one-stop-shop fast track consenting regime for regional and national projects of significance will cut red tape and make it easier for New Zealand to build the infrastructure and major projects needed to get the country moving again... More
Government: GPS 2024: Over $20 Billion To Get Transport Back On Track Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely... More
Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More
Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More