Serious Fraud Office investigates Far North District Council

Far North Mayor John Carter

The Serious Fraud Office is investigating the Far North District Council.

The investigation comes after Far North Mayor John Carter and councillors commissioned an independent consultant to look into council activities late last year, the Kaikohe-based council said in a statement.

"The investigation was referred to the SFO who confirmed last week that it will conduct a formal investigation into the council," according to the statement.

Carter said the council is cooperating fully with the SFO and would not comment further.

(BusinessDesk)

This article is tagged with the following keywords. Find out more about My Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7850 -0.0002 -0.03%
AUD 0.8958 -0.0001 -0.01%
EUR 0.6208 -0.0008 -0.13%
GBP 0.4892 -0.0002 -0.04%
HKD 6.0884 -0.0016 -0.03%
JPY 84.1070 -0.0150 -0.02%

Commods

Commodity Price Change Time
Gold Index 1241.1 -7.450 2014-10-22T00:
Oil Brent 84.7 -1.510 2014-10-22T00:
Oil Nymex 80.5 -1.970 2014-10-22T00:
Silver Index 17.2 -0.310 2014-10-22T00:

Indices

Symbol Open High Last %
NZX 50 5279.7 5298.2 5279.7 0.27%
NASDAQ 4429.2 4435.9 4419.5 -0.83%
DAX 8934.5 8957.2 8887.0 0.60%
DJI 16615.3 16653.9 16614.8 -0.92%
FTSE 6372.3 6401.5 6372.3 0.43%
HKSE 23296.0 23397.2 23404.0 -0.22%
NI225 15093.8 15118.9 15195.8 -0.67%