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The Kiwi businessman sold his units while awaiting trial on child pornography charges. New Zealand businessman Sir Ron Brierley has sold his investment in the Orams marine development on Auckland’s waterfront while awaiting trial for child pornography charges in Australia. The Overseas Investment Office approved the sale of 30% of units in the Orams NZ Unit Trust, which owns 75.95% of the shares in Orams Group Limited, which in turn has a 125-year leasehold interest in 3.5ha of sensitive land on Beaumont Street, Wynyard Quarter. The land is owned by Panuku Development Auckland. The OIO’s decision said Ariadne had demonstrated its investment would ensure efficient development of the marine facilities on the land ahead ....
Thursday, 1 April 2021, 1:22 pm Today’s guilty plea in Sydney by New Zealand-born businessman Sir Ron Brierley, to charges of possessing child sex abuse material, should pave the way for the former high-flyer to be stripped of his knighthood, says a long-time campaigner and law reformer on such crimes. Stop Demand founder and barrister Denise Ritchie, MNZM, said that given today’s guilty plea the process should be relatively straightforward. According to the Department of the Prime Minister and Cabinet, an honours award can be removed on the advice of the Prime Minister and with the approval of the Queen. Grounds for doing so include, but are not limited ....
Sir Ron Brierley. Photo: Getty Images Having honed his skills in the 1970s, Brierley s self-named investment company set about finding suitable targets. It looked for the lame, the tired, the old, and the defenceless companies that were undervalued, underperforming, and ripe for taking. Brierley Investments would make an offer that few chose to ignore. Having secured a prize it would then look to add value - more often than not through restructuring, taking out costs, dismemberment, asset sale, and then selling the core or rump of the target. In the space of two decades, Brierley Investments had played with Air New Zealand, Dominion Breweries, New Zealand News (publishers of the now defunct Auckland and Christchurch Stars), Sky City Entertainment, New Zealand Insurance, Australia s Fairfax Holdings, Rothmans, Britain s Thistle Hotel chain, and the UK investment bank Guiness Peat. ....
The New Zealand-born businessman Sir Ron Brierley has pleaded guilty to child sex abuse charges in connection with images and vidoes found on his computers.Brierley, 83, gained a reputation as ....