Sir Ron Brierley, once a lauded corporate raider, now viewed with contempt. (file photo)
Brierley Investments was once the country’s biggest listed company, its eponymous founder famous for hunting down undervalued companies and selling off their assets for a profit. It’s estimated one in every 20 New Zealanders owned shares in the corporate raider, and it made Sir Ron Brierley very rich, with a wealth consistently estimated well over $100 million, elevating him to the top of the corporate world. Now his reputation is in ruins, after the 83-year-old, who lives in Australia, pleaded guilty on Friday to possessing child sexual abuse material, having been detained attempting to board a flight from Sydney to Fiji in December 2019.
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Football s child sex abuse scandal: Sheldon review finds institutional failings
Last updated on An absolutely monumental day - abuse survivor Gary Cliffe Significant institutional failings by the Football Association meant it did not do enough to keep children safe - according to the findings of an independent review into historical child sexual abuse in the game.
It found the FA was too slow to have sufficient protection measures in place between October 1995 and May 2000.
It said there was no evidence the FA knew of a problem before summer 1995.
The report focused on the abuse of children between 1970 and 2005.
It said: The FA acted far too slowly to introduce appropriate and sufficient child protection measures, and to ensure that safeguarding was taken sufficiently seriously by those involved in the game. These are significant institutional failings for which there is no excuse.