Foreign buyer cops first conviction under Overseas Investment Act
A false loan agreement didn't fool the regulator.
Andrew Bevin
Mon, 10 Feb 2020
Hot Topic
Rich List
An overseas investor has been convicted and fined $100,000 for giving false information to the Overseas Investment Office in acquiring a Helensville property.
Dr Won Joo Hur pleaded guilty to one charge of obstructing an OIO investigation in the Auckland District Court on Friday.
Although
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Andrew Bevin
Mon, 10 Feb 2020
Contact the Writer: andrew@nbr.co.nz
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Foreign buyer cops first conviction under Overseas Investment Act
Law,
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