close
MENU
Hot Topic Infrastructure
Hot Topic Infrastructure
1 mins to read

IRD lists people owed $78m in unclaimed cash

Where to go to see if you're on the list.

NBR staff
Sun, 09 Dec 2012

IRD has published its latest Unclaimed Money list.

This list is not of those owned touch refunds, but owed cash that has been left untouched for six or more years in companies such as financial institutions and insurance companies, or is an unpaid wage or salary.

After six years of trying to locate a person, a company hands over the cash to IRD under the  Unclaimed Monies Act (1971). There is no time limit to when money can be claimed.

IRD has put an alphabetical list of 18,500 people owned $21 million unclaimed cash here: www.ird.govt.nz/unclaimed-money.

However, the balance - $57 million owed to 193,000 people - is listed in paper-based forms, from pre-2005, and not accessible online.

People who think they are owed money should email unclaimed.monies@ird.govt.nz

The average amount unclaimed is $369, but the cash varies widely.

The largest amount owed in the list of 18,500 online is $371,664.05 owed to Mr K Nakayama.

The mysterious Mr Nakayama has now appeared in newspaper articles on IRD's Unclaimed Money list since at least 2010.

His fellow hold-outs include a Mrs S Konami, who has been owed $252,135.88 and Mr ZW Zhou, owed $230,383.37 - both also owed since at least 2010.

Others in line more money, if they come forward, are Education Minister Hekia Parata and husband Sir Wira Gardiner, who are listed as being owed $1325.12.

NBR staff
Sun, 09 Dec 2012
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
IRD lists people owed $78m in unclaimed cash
26110
false