Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Guilty plea over pokie profits

Guilty plea over pokie profits

A 67 year old man has pleaded guilty to five charges of theft by a person in a special relationship after he failed to bank $93,127 of pokie machine profits.

The Department of Internal Affairs, which is responsible for the integrity of the New Zealand gambling sector, issues licences to venues and incorporated societies to operate gaming machines and investigates misconduct in the sector.

In its statement to the Auckland District Court the Department said Patrick Francis Williams, 67, was a director of various companies which were venue operators for a number of gambling venues.

Venue operators must bank the profits from the societies’ gaming machines on its premises into the society’s designated bank account. The society is then responsible for the distribution of grants to community organisations.

Director of Gambling Compliance, Debbie Despard says Williams either failed to bank the pokie profits or significant portions of sums that were deposited were dishonoured.

“He also failed to keep to an agreement made with the incorporated society, North and South Trust Ltd, to pay back the money.

“The community is the ultimate beneficiary of the gaming machine proceeds, so when someone fails to bank the proceeds it is community groups that miss out.”

Williams, formerly of Cambridge and now living on Australia’s Gold Coast was remanded until April 17 for sentencing.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news