Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Six arrested and millions in assets seized

Millions in assets seized as Police continues focus on money laundering

Police have arrested six people and seized millions in assets following a significant money laundering investigation in Auckland.

Today, Police executed search warrants at addresses in Remuera, East Tamaki Heights, Papatoetoe and Karaka as Police continues to focus on targeting those laundering money from the proceeds of crime.

Six people have been arrested as part of Operation Menelaus which has been underway since the beginning of the year.

As part of the operation, Police have put restraint on three Remuera properties worth more than $7.3 million in total.

At these locations, Police located a total of $250,000 in cash and have frozen a further total of $727,000 in numerous bank accounts.

Police have also seized a number of luxury European vehicles including a $280,000 Bentley Bentayga, a $120,000 Mercedes GLS, a Porsche Cayenne and a Mercedes C Class.

All six are expected to appear in the Auckland District Court later today on a range of charges, including the following:

A 38-year-old male faces 22 charges, including 20 counts of money laundering.

A 41-year-old female faces nine charges of money laundering.

A 65-year-old female faces six charges of money laundering and a charge of structuring under the Anti-Money Laundering and Countering Financing of Terrorism Act.

A 35-year-old male faces three charges of money laundering, two charges relating to attempting to import a Class A and Class B drug and three firearms charges relating to unlawful possession of firearms and ammunition.

A 36-year-old male faces one charge of money laundering.

A 33-year-old female faces one charge of money laundering.

Enquiries are still ongoing and Police cannot rule out further arrests as part of this investigation.

Detective Senior Sergeant Wayne Gray, of the Financial Crime Group, says these arrests should serve as a warning to those that may be involved in these kinds of money laundering operations that Police will hold them to account.

“Today we have seized around $9 million worth of assets out of the hands of those allegedly engaging in criminal activity.

“Police are well aware there are individuals and organisations that are enabling this kind of activity and are more than willing to profit off of the proceeds of crime.

Let this be a warning that they are likely to come to Police attention.

“Money being laundered in this case is alleged to have come from various sources, including drug dealing.

It is well known about the wide ranging harm these sorts of drugs have on our communities.”

Detective Senior Sergeant Wayne Gray says Police will target those who use third parties to assist in disguising funds and assets from law enforcement.

“Police will continue to use the Criminal Proceeds Recovery Act to remove the proceeds of crime from these groups as part of our target to seize $500 million in cash and assets by 2021.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Sustainable NZ Isn’t Self-Sustaining

Asking whether this new, environmentally focussed party can make the 5% MMP threshold may be the wrong question...

Its more achievable goal would be to knock the Greens below the 5% threshold, while along the way reviving all the ancient stereotypes about the centre-left being implacably hostile to rural New Zealand. More>>


Report On Consultation: Future Of Tomorrow's Schools

“The 1989 Tomorrow’s Schools reform introduced one of world’s most devolved schooling systems where each school operates largely in isolation of each other... It empowered local communities and modernised an overly bureaucratic system but also led over time to uneven outcomes between schools.” More>>


Queensland Fires: NZ Firefighters Helping Battle Blazes

Twenty-one New Zealand firefighters are departing for Australia to help fight the wild fires that have been raging in Queensland for the past nine weeks. More>>


In NZ:

Discussion Doc: 'Firearm Prohibition Orders' Power For Police

“In practice this may mean a person subject to a FPO could not live in or visit a property where firearms are held, even if the firearm owner is licensed. They could not be in a vehicle which is carrying a firearm. They could not go hunting even under supervision..." More>>


Police: Armed Response Team In Low Level Arrest, 'Preventative' Patrols

Police later said the stop was entirely appropriate, and resulted in the man being arrested without incident for "breaching conditions". More>>


Children's Commissioner Comment: Damning Oranga Tamariki Review Of Uplift Case

“The practice review released by Oranga Tamariki today is rigorous and robust. However, it describes a litany of failure at every step. It is a damning indictment of inadequate social work practice. Many social workers will welcome the light being shone on this case." More>>


Environment Commissioner: ‘Huge’ Data Gaps Undermine Stewardship

Environment Commissioner Simon Upton says ‘huge’ gaps in data and knowledge undermine our stewardship of the environment and is calling for concerted action to improve the system. More>>

  • Image via Out-Link - Focusing Aotearoa New Zealand’s environmental reporting system
  • Science Media Centre - Measuring changes to our environment – Expert Reaction
  • Local Govt NZ - LGNZ backs call for better environmental reporting
  • Environmental Defence Society - EDS endorses Commissioner for the Environment’s report
  • Federated Farmers - Environment data gaps no basis for current policy swings



    InfoPages News Channels