Arms traders exploiting NZ laws – Oxfam. Stuff News Michael Field 19/10/10 Dangerous gaps in New Zealand’s company registration system are being exploited by arms brokers, aid organisation Oxfam says. “Controls around company registration in New Zealand need to be tightened to prevent New Zealand businesses from unwittingly or deliberately facilitating illicit arms transfers,” the [...]
NZ companies linked to money laundering
Criminals are using shell companies set up under New Zealand’s lax company laws to launder money. Companies created by an Auckland firm operating out of Queen St have been linked to Russian crime, a Mexican drug cartel and Romanian extortion. A 16-month Fairfax Media investigation has also tied companies created by Geoffrey Taylor and his [...]