21:34 Heavy rain is forecast throughout Monday for the west of the South Island, including Canterbury & Otago Headwaters.

21:33 An investigation is underway at a property in Christchurch after two people were arrested in relation to a body dumped near Lake Ellesmere on ANZAC da

17:47 The Warriors have come through their week from hell with the perfect result as they beat the Dragons 26-10 in the NRL at Mount Smart Stadium.

17:46 The prime minister's talking up the possibility of a free trade deal with India as the Indian president visits New Zealand.

17:45 A large rally's underway in Whangarei to support the victim of a vicious abduction and sexual assault.

Wed, 19 Sep 2012

Post quake fraud big issue

interest.co.nz Managing Editor Bernard Hickey tells RadioLIVE's Marcus Lush A Deloitte expert has warned of the huge potential for fraud in the Christchurch rebuild as billions of dollars of funds flows quickly into the city. Construction was a particularly risky industry with potential for backhanders, price fixing and cosy subcontracting arrangements on big capital projects. The Serious Fraud Office has even considered setting up an office there. It is already investigating a fraud that could be worth up to NZ$250 mln.

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