Serious Fraud Office - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Thu, 26 Apr 2012 07:57:48 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Serious Fraud Office - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 Civil claim laid against Hibernian Credit Union auditors https://cathnews.co.nz/2012/04/27/civil-claim-laid-against-hibernian-credit-union-auditors/ Thu, 26 Apr 2012 19:30:29 +0000 http://cathnews.co.nz/?p=24002 A civil claim against auditors of the Hibernian Credit Union, which is in liquidation as a result of a massive employee fraud, is set to be launched within weeks. Lawyers for both the credit union's liquidators, and those acting for the still-solvent Hibernian Catholic Benefit Society, are in the final stages of preparing a claim Read more

Civil claim laid against Hibernian Credit Union auditors... Read more]]> A civil claim against auditors of the Hibernian Credit Union, which is in liquidation as a result of a massive employee fraud, is set to be launched within weeks.

Lawyers for both the credit union's liquidators, and those acting for the still-solvent Hibernian Catholic Benefit Society, are in the final stages of preparing a claim against Grant Thornton, the long-term auditors for the related but separate organisations.

Susan Terri Hagai, of Titahi Bay, was jailed for more than four years in November after pleading guilty to stealing more than $1.3 million from the credit union and benefit society over several years.

The conviction followed a joint police and Serious Fraud Office investigation.

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Civil claim laid against Hibernian Credit Union auditors]]> 24002 Fraud investigation at Hibernian Society https://cathnews.co.nz/2011/06/03/fraud-investigation-at-hibernian-society/ Thu, 02 Jun 2011 19:00:24 +0000 http://cathnews.co.nz/?p=5225

The Serious Fraud Office is investigating the Hibernian Society. A former employee has allegedly stolen more than $1 million from its members over a number of years. Chairman of the Hibernian Catholic Benefit Society Mike McBride says he was "absolutely devastated" when he discovered that a substantial amount of money was missing from the Society's accounts "We're extremely disappointed. I Read more

Fraud investigation at Hibernian Society... Read more]]> The Serious Fraud Office is investigating the Hibernian Society. A former employee has allegedly stolen more than $1 million from its members over a number of years.

Chairman of the Hibernian Catholic Benefit Society Mike McBride says he was "absolutely devastated" when he discovered that a substantial amount of money was missing from the Society's accounts "We're extremely disappointed. I would imagine the other members would also be as gut-wrenched as I am." he said

The Serious Fraud Office and the police have begun investigating the allegations of employee fraud at the following a complaint on Friday.

The friendly society has assets of $9.6 million and about 2800 members. Its credit union offers a range of financial services and mutual assistance to its members, including loans, life assurance, medical and household insurance.

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