Justice minister explains the compensation process at today's cabinet meeting.
UPDATED: The FMA confirms it is working with the company to establish if a breach of securities law has occurred over share options being issued to employees without a prospectus.
David Bain laments his lost career as a NZ opera singer.
Justice Minister Judith Collins has released the David Bain compensation report. Queen's Counsel Robert Fisher tears shreds out of Candian ex-judge's recommendations.
The container ship grounding has cost the Crown about $47 million.
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