Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Serious Fraud Office Still Investigating Trust

ACT leader Richard Prebble is refusing to speculate on the matters that the Serious Fraud Office (SFO) states it is still investigating with regard to the Waipareira Trust.

“ACT has forwarded all of the allegations alleging fraud to the SFO, which cover other issues not referred to in today’s report from that office,” Mr Prebble said.

“Some will take some time to investigate. It has never been ACT’s intention to try the Trust in the court of public opinion and for this reason ACT has not raised these other issues in Parliament and is quite willing to allow the SFO to determine the correctness or otherwise of the allegations.

“We raised the issues that concerned Parliament in Parliament and the other issues have been sent to the appropriate organisations – the SFO and the Office of the Auditor-General,” he said.

ACT will forward today’s Serious Fraud Office findings to the people who made the allegations against the Trust.

“The allegations are serious and must be examined. The Prime Minister has acknowledged that the allegations do show some mismanagement by the Trust and more seriously lax contracting by government departments,” Mr Prebble said.

“ACT is pursuing the issue of the lack of accountability by government departments contracting to provide social services. For instance, while it appears the Trust broke no law in skimming up to 23% off government social contracts to finance property deals, that was not the intended use of taxpayers’ money.

“The answer is not to revert to government bureaucracies. Organisations like the Waipareira Trust have been innovative providers. What is needed is for transparent accountability systems to ensure taxpayer’s money is spent effectively and correctly,” Mr Prebble said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On Asking The Banks To Be Nicer To Farmers

Few would begrudge the idea that banks should be made to act more humanely – given the obscene profits that the Aussie banks are extracting annually from New Zealand, they can surely afford to cut some slack.

Yet the interesting background statistic is that farm debt in New Zealand has exploded by 270% in the last 20 years, to around $63 billion... More>>


Mosque Attacks: 21 Month Prison Sentence For Sharing Live Stream Video

A Christchurch man who admitted redistributing the livestream video of the mosque killings has been sentenced to 21 months in prison. More>>


Operation Burnham Inquiry: Afghan Villagers Pull Out

The Afghan villagers involved with the inquiry into Operation Burnham say they have lost faith in the process and will no longer take part. More>>


Child 'Uplifts': Children’s Commissioner To Conduct Review

“At the time of the attempted uplift from Hawke’s Bay Maternity Hospital at the beginning of May, our Office shared our views on the critical importance of the mother-child relationship, and the fact that this relationship is denied to too many Māori children”, says the Children’s Commissioner, Judge Andrew Becroft. More>>


Fluro Logo, Definitely Not Racism, Activist Judges: Act Has Conference

“Finally, New Zealanders will have the right to challenge bad laws in court. If the courts find that a law hasn’t been made in accordance with the basic principles of good lawmaking, it can be declared invalid." More>>


Money Found: Revised Offer For Teachers And Principals

PPTA and NZEI have recommended that revised offers from the Government to their members are ratified, Education Minister Chris Hipkins has announced. More>>


Discussion Doc: National's Primary Sector Plans

Today National has released our third discussion document, this one on the primary sector. It showcases our positive and innovative approach to what is the backbone of our economy, Leader of the National Party Simon Bridges says. More>>





InfoPages News Channels