Scoop has an Ethical Paywall
Status of Hanover investigation
News Release
19 December 2010
Status of Hanover investigation
There has been increased public and media speculation as to the status of the Securities Commission’s investigation into Hanover Finance.
The Commission considers it is in the public interest to clarify the status of that investigation.
Commission staff are near completion of their investigation into Hanover Finance Limited, United Finance Limited and Hanover Capital Limited. The investigation has been complex and involves a team including investigators, forensic accountants, financial analysts and lawyers.
Commission Members will meet before Christmas to decide whether criminal charges will be laid against directors of the companies. Although no decision has yet been made, it is likely any charges will be laid in the new year.
Ends
Stats NZ: Economic Impacts On New Zealand From Conflict In The Middle East – Report
Advertising Standards Authority: ASA Annual Report 2025 - Platform-Neutral Regulation Keeps Pace With Digital Advertising
Science Media Centre: Lead Pipes Banned For New Plumbing – Expert Reaction
New Zealand Young Physicists Trust: Auckland To Host The ‘World Cup Of Physics’ In 2027; Search Begins For Student-Designed Tournament Logo
Oxfam Aotearoa: Top CEO Pay Increased 20 Times Faster Than Workers’ Pay In 2025
Bill Bennett: TUANZ Report - Networks Built, Value Missing
