Archive for January 2011
Trusts and Corruption
At last we are making progress and a new year is sweeping in like a new broom
Today’s Sunday star times has two articles close to my heart one on trusts which I consider to be the greatest vehicle for fraud and the other on the fact that New Zealand is actually corrupt.
The articles are Trust law is in for a shake-up and Corruption rears head in NZ business
I have previously made submissions on the need to tighten up on trusts and my own litigation experience has been with a trust which was a sham. I was done for defamation for saying that it was but in the end a sham trust is a sham trust and when it enforces animal welfare law then it is concern to the public.
The price for speaking the truth however has been horrific and highlights that there is no protection , or even co operation for whistleblowers.
The “ trust” I complained of has now had its status revoked.. just as well as the trust if it actual did exit ,ceased to exist in 2003 according to its own constitution.
I made extensive submissions to the law commission on Trusts the document is available by emailing me
I welcome quotes such as this one from Barry Jordan, the head of the forensics team at accountancy firm Deloitte who has never bought into the idea that New Zealand is free of corruption.
“I never believed it for a second, it’s so inconsistent with what I see on the ground,” he said.
See also What is New Zealand doing about corruption – why is it better to be a fraudster than Question corruption ?
Well done Law society
The law society has commenced publishing the outcomes of their complaint investigations
this is one step closer to transparency the page is located at