SFO closes TCIL investigation
9 August 2019
The Serious Fraud Office has closed its
investigation relating to Thompson and Clark Investigations
The Director of the SFO, Julie Read,
determined that the high evidential standard for laying
criminal charges had not been met.
The Ministry of Primary
Industries referred the matter to the SFO last year after
finding that official information had been inappropriately
shared with TCIL.
The SFO investigation focused on
whether official information had been used in a corrupt
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Commerce Commission: Retail Fuel "Not As Competitive As It Could Be"
The Commission has outlined some options it considers could improve competition. There are two broad sets of options it thinks may have the potential to help create a competitive wholesale market. These are:
• Greater contractual freedom to make it easier for resellers to switch between suppliers; and
• Enabling wider participation in the majors’ joint infrastructure, notably the shared terminals and supporting logistics involved in their borrow-and-loan system.
Further options, including improving the transparency of premium petrol prices, are discussed in the draft report. More>>