Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.Launch Radio player
BUSINESSDESK: The Serious Fraud Office has laid 33 charges in the Auckland District Court against two former employees of dairy producer Sutton Group it says were trying to defraud the Auckland-based company.
Paul Normington and Jin Weifing joint face charges of theft, dishonesty using a document and taking secret commissions, the SFO says.
The pair are accused of trying to defraud Sutton by creating false invoices, theft of product or receiving secret commissions from a supplier to Sutton, and Normington allegedly copied electronic files to help him set up a rival business.
"This is a case about potential loss avoided, rather than actual loss, in an industry that has national importance to New Zealand," outgoing chief executive Adam Feeley says. "This is a good example of how we can be involved in issues prior to a risk crystallising."
Sutton Group is a privately-owned food, beverages and dairy company established by Brent and Denise Sutton. The group also has packaging and engineering units.
Normington was employed as a purchasing manager at Sutton Group between September 2008 and December 2011, while Weifing worked as a purchasing assistant and warehouse manager from November 2008 to January 2012.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- Pacific Edge rights offer mopped up by institutions, says underwriter
- Greece's near 200 years of financial failure, political instability
- Editor’s Insight: The OECD's recipe for productivity growth
- Firms still expanding - but further interest rate cuts could be needed
- Old council HQ in line for a multi-million dollar conversion