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

 


Statement from Eric Watson and Mark Hotchin

Statement from Eric Watson and Mark Hotchin

On 25 March 2014 Mr Sheppard settled our very substantial defamation claim against him and he retracted and expressed regret for incorrect inferences in media statements made by him. We were very pleased indeed with the terms of settlement.

Having just settled our claim, Mr Sheppard has recently issued a statement inferring that evidence produced by him in the defamation proceeding could be of interest to the regulators who have investigated the affairs of Hanover. This is nonsense. None of the evidence produced by Mr Sheppard is of any relevance to the matters at issue in the FMA proceeding against Hanover directors or to the regulatory investigation conducted by the SFO. If it was, no doubt Mr Sheppard would have supplied it to the regulators years ago (particularly as Mr Sheppard is an Associate Member of the FMA).

We are completely untroubled by the prospect of the regulators seeing the irrelevant and tendentious evidence produced by Mr Sheppard in an attempt to justify his incorrect and defamatory media statements about us.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fisheries: Report On Underrsize Snapper Catch

The report found that commercial fishers caught 144 tonnes of undersized snapper in the Snapper 1 area – about 3% of the total commercial catch – in the year ending February 2015. The area stretches from the top of the North Island to the Bay of Plenty and is one of New Zealand’s most important fisheries. More>>

ALSO:

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news