20:42 The 7.0-magnitude quake struck inland in a mountainous area of Papua in the early hours of Tuesday local time - one teenage boy has died.

20:42 A 39 year old man and two children have been killed in a tragic caravan explosion at Mt Isa in Australia. Forensics teams are on the way to investiga

17:26 Blessie Gotingco's family wants to know why GPS monitoring by Corrections could not stop a convicted sex offender from killing her.

17:06 The NRL will not investigate the Cowboys over alleged property deals involving chairman and millionaire property developer Laurence Lancini.

16:50 Labour is accusing the Prime Minister of misleading Kiwis over how much the Trans Pacific Partnership deal could cost our health system.

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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