Green eyes and big mouths first put out the rumour that more than a dozen Securities Commission staff junketed to Paris for an annual conference this year.
Our inquiries put the actual figure at nine: five staff plus four partners (who paid their own airfares, as reported in NBR’s print edition last month). But after further inquiries to Paris, the number has now gone up to a nice round contingent of 10.
It turns out a Ministry for Economic Development official also attended – paid for by MED. No one has been able to tell us why someone from the MED was required to attend the conference that saw SecCom chair Jane Diplock re-elected as chairwoman of the International Organisation of Securities Commission (IOSCO) but apparently someone from the ministry backs her up every year.
The whole thing cost the SecCom $87,000.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- iPredict closing down due to money laundering risk
- Serco's prison report challenge: Hide and Davis go head-to-head
- Xero directors Drury, Winkler and Morgan cash in on 35% share price rally
- Tech expert's complaint about 'snake oil' ad upheld
- Dunne warns of 'consequences' if Maori Party supports RMA reform
Most listened to
- “A very ballsy thing to do” – Rodney Hide and Kelvin Davis discuss Serco’s response to Correction’s Mt Eden Prison report
- “The response from shareholders has been overwhelming” — A2 Corporation chief executive Geoff Babidge
- Greg Gent says a board of 13 people is "prehistoric"
- Arvida CEO Bill McDonald on his company's half-year net profit
- Lance Wiggs on the future of food exports
- Auckland Councillor Chris Darby on the Council's alternative funding report
- Nevil Gibson discusses his latest Editor's Insight on oil prices
- Campbell Gibson, Nick Grant and Chelsea Armitage chat about the inner workings of New Zealand media
- Paul Brislen discusses the 'snake oil' sales tactics of SalesConcepts
- Fonterra chief executive Theo Spierings reveals his ambitious China plan
- UDC Finance chief executive Wayne Percival talks about the company's profit
- Hamish McNicol discusses the latest court stories