Anne Gibson: property editor on SkyCity being taken to court by the Department of Internal Affairs
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
SkyCity could be forced to cough up millions for alleged breaches of legislation on money laundering.
The Department of Internal Affairs is accusing SkyCity of violating the Anti-Money Laundering and Countering Financing of Terrorism Act, after a company review.
NZ Herald property editor Anne Gibson says SkyCity will be more concerned about the hits to their reputation, over a prospective fine.
"This is quite damaging to them, it's not so much about the fine- if there is one."
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