INDEPENDENT NEWS

Winebox Appeal Nears End This Afternoon

Published: Fri 16 Jul 1999 02:32 PM
by Selwyn Manning
Final arguments are being heard at the Auckland High Court today in a challenge to the findings of the Winebox Commission.
Lawyers acting for New Zealand First leader, Winston Peters, are calling for the Court to overturn the findings of the Commission of Inquiry into the Winebox Tax evasion/avoidance allegations.
The Court is being asked to set aside some of the findings of commissioner, Sir Ronald Davison, saying he erred when he found there was no fraud in any of the Winebox transactions.
Lawyers for the Serious Fraud Office, the Inland Revenue Department and merchant bankers Fay Richwhite have all argued for the commissioner's opinion that there was no fraud.
Fay Richwhite also argued that the report's criticism of Peters should stand, saying he stood condemned forever by his failure to back up allegations of fraud and corruption.
Sir Ronald Davison’s lawyer has told the court that even if the former Chief Justice had made a legal error, the SFO and IRD had still investigated the Winebox transactions properly.
Final arguments from Mr Peters’ lawyer will be delivered this afternoon. The two High Court judges are expected to reserve their decision.
Mr Peters was initially refused after a High Court judgement ruled that Inquiry head, Sir Ronald Davison's findings could not be challenged. This ruling was overturned by the Court of Appeal in November 1998.
Much of the evidence before the Court has centered on the Magnum transactions, which it is alleged detail Tax Credit deals between European Pacific, a New Zealand listed company, and the Cook Islands government. Mr Peters has insisted the Magnum transactions add up to tax evasion denying New Zealand millions in lost tax revenue.
Selwyn Manning - Scoop Auckland
Evening Report - independent interactive debate.
EveningReport is designed with realtime interactivity in mind. Along with published articles, columns, and analysis it will webcast video debate and interviews on-site in realtime and on-demand. Public and audience interaction is also key to EveningReport's brand.
Contact Selwyn Manning - Scoop Auckland
Website:
Phone:
Twitter:
Email:
Media Contact:
Editor@EveningReport.nz

Next in New Zealand politics

On The Political Donations Scandals
By: Gordon Campbell
New Zealand: Housing Crisis Requires Bold Human Rights Response, Says UN Expert
By: UN Special Rapporteur
National’s Economic Plan For 2020 And Beyond
By: New Zealand National Party
Abortion Legislation Bill Report Presented To The House
By: Abortion Legislation Committee
Auditor-General's Report Published - Reflecting On Our Work About Water Management
By: Office of the Auditor-General
Statement Of Jami-lee Ross - "Spoke Up Now Set Up"
By: Jami-Lee Ross
Foreign donation loophole still wide open
By: Jami-Lee Ross
Jacinda Ardern Tries To Soothe Virus Rift With China
By: RNZ
Coronavirus: Expert Warns More Flights Could Be Cancelled
By: RNZ
National Party Donations Case: 'I Am Now Being Painted As The Scapegoat' - Jami-Lee Ross
By: RNZ
'We Need To Apply Natural Justice' - PM On NZ First Foundation Investigation
By: RNZ
Not One, But Two $100k Donations To National In Court
By: RNZ
National Donations SFO Charge Details A Surprise - Bridges
By: RNZ
PM Jacinda Ardern Washes Hands Of NZ First Foundation Photos Saga
By: RNZ
Simon Bridges Says NZ First Foundation Investigation Should Be SFO Priority
By: RNZ
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media