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

 

Ex-Defence Force Employee Sentenced For Fraud

A former defence force administrator has been sentenced to 12 months’ home detention and 250 hours of community work for stealing funds managed by the New Zealand Defence Force (NZDF) while she was employed by the organisation.

Paniparewhakaro Elizabeth Rangiuia (60) embezzled approximately $225,000 over seven years from accounts holding funds raised by NZDF members for the health, wellbeing and retention of army personnel.

Ms Rangiuia was sentenced today in the Palmerston North District Court. She had pleaded guilty previously to one representative charge of ‘Theft by person in a special relationship’ and one representative charge of ‘False accounting’ brought by the Serious Fraud Office.

The Director of the SFO, Julie Read, said, “Ms Rangiuia abused her position of trust to steal a significant amount of charitable funds while she was employed at Waiouru. The defendant stole the funds which were raised by army personnel for her own benefit, spending most of the money on gambling. This was not spur of the moment offending but a course of conduct which continued over years.”

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


R&NTU: KiwiRail strike notices withdrawn following new offer

Strike notices on KiwiRail have been withdrawn. Rail and Maritime Transport Union General Secretary Wayne Butson says following negotiations between the RMTU and KiwiRail, a new offer from KiwiRail will be taken back to union members for ratification... More>>



Banking: Stress Tests Show Strengthening Bank Resilience

The latest stress tests carried out by the Reserve Bank of New Zealand – Te Pūtea Matua show strengthening resilience in the banking sector and the benefits of continuing to build capital buffers... More>>


Statistics: Building Activity Down In September Quarter
The volume of building activity in New Zealand fell 8.6 percent in the September 2021 quarter, compared with the June 2021 quarter, Stats NZ said today. Residential building activity fell by 6.4 percent in the September 2021 quarter, while non-residential building activity fell 12 percent... More>>



Reserve Bank: Deputy Governor Reflects On Time At RBNZ
Central bankers must continue to look forward to guard against the unpredictable, Deputy Governor Geoff Bascand says in a speech published today. Mr Bascand joined the Reserve Bank of New Zealand – Te Pūtea Matua in 2013 during the aftermath of the Global Financial Crisis... More>>


Xero: Data Reveals ICT Expenditure Key To Small Business Sales Growth
Xero, the global small business platform, today released a new report which shows New Zealand small business ICT expenditure has increased 25 percent compared to pre-pandemic levels - more than the UK (20%) and Australia... More>>


Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>


Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>