Scoop has an Ethical Paywall
Barfoot & Thompson Terminates Contracts
10 October 2007
Statement from Barfoot & Thompson
Barfoot & Thompson confirms that it recently terminated its contracts with three salespeople following alleged misconduct.
Director Peter Thompson says that Barfoot & Thompson recently detected discrepancies in property transactions completed by the three salespeople. “We launched an immediate internal investigation which resulted in us terminating our contracts with all three for breach of company procedures.”
Mr Thompson says Barfoot & Thompson also alerted trading banks to possible irregularities and reported the issue to the REINZ, which has since completed its own investigation.
“As soon as we became aware of the problem we acted quickly and decisively. We now await the outcome of a full hearing of REALB where the substantive cases will be heard.”
Mr Thompson is unable to make any further comment at this stage.
ENDS
Stats NZ: Petrol And Diesel Prices Continue To Rise In April 2026
Priority one: Regional Deal Strengthens Confidence In The Western Bay Of Plenty
REINZ: Buyer Activity Softens As Living Costs Remain A Consideration Across Key Regions
Better Taxes for a Better Future: Tax Policy Welcome Contribution, But Missed Opportunity To Tackle Wealth Inequality
Google Threat Intelligence Group - GTIG: Google Threat Report Warns AI-Driven Cyber Operations Are Scaling Across Global Threat Landscape
Commerce Commission: Baseline Research Report On The State Of Competition In New Zealand
