Serious Fraud Office investigates DataSouth Finance
SFO looking at Christchurch IT company's lease deals with clients, bankrolled by South Canterbury Finance.
The Serious Fraud Office (SFO) is investigating DataSouth Finance, a company that provides information technology services in Christchurch.
The SFO received information that raised concerns about lease agreements with clients, financed by South Canterbury Finance.
"The investigation is in its preliminary stages, and we will be working with the receivers and other parties to determine the existence and extent of any fraud," SFO director Adam Feeley said.
DataSouth Finance is part of the DataSouth Group, which was placed in liquidation on the eve of today's SFO announcement.
NBR staff
Fri, 01 Apr 2011
Fri, 01 Apr 2011
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Serious Fraud Office investigates DataSouth Finance
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