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Top News In நீதி சாரா க்யாட்ஸ் Today - Breaking & Trending Today

Company fined for not seeking consent to buy land for overseas investor


Mai nominated CKRL to complete the purchase before the transaction was settled.
CKRL told the court it acted as Mai’s associate when it purchased the land and that it failed to seek Overseas Investment Office (OIO) consent, which breached the Overseas Investment Act 2005.
Justice Sarah Katz said there is a “strong need” to deter any breaches of the act as they have the potential to alienate sensitive land, that could make it difficult to monitor or detect.
OIO Group Manager Anna Wilson-Farrell said the regulator would pursue associates for breaches of the act as actively as overseas investors directly making purchases. ....

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goldberries...

Goldberries             Kiwifruits are native to China but it was New Zealand that perfected the golden variety found on supermarket shelves today.It costs New Zealand farmers a sizable amount of money to license the SunGold kiwifruit and sell it across the world. ....

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Businessman Steven Robertson who orchestrated a $10m Ponzi scheme loses final appeal bid to Supreme Court


Businessman Steven Robertson who orchestrated a $10m Ponzi scheme loses final appeal bid to Supreme Court
10 May, 2021 05:42 AM
5 minutes to read
Trader Steven Robertson has failed to have his minimum period of imprisonment quashed. Photo / Jason Oxenham
Trader Steven Robertson has failed to have his minimum period of imprisonment quashed. Photo / Jason Oxenham
An Auckland trader behind a $10 million Ponzi scheme has lost a final bid with the Supreme Court to be freed from a prison cell sooner.
Steven Robertson, who once claimed he was as good
as John Key , misappropriated millions of dollars from his clients to fund a lavish lifestyle of European cars, travel by private helicopter and jet, luxury weekend getaways, and jewellery. ....

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