Story: Business failures and corporate fraud

Winebox inquiry cartoon

Winebox inquiry cartoon

The Serious Fraud Office (SFO) was set up in 1990 to investigate and prosecute serious fraud. In 1994 Winston Peters, leader of the New Zealand First political party, alleged impropriety by the SFO and the Inland Revenue Department. He tabled 1,860 pages of papers brought from the Cook Islands into Parliament in a cardboard winebox – hence the affair’s popular name, the winebox inquiry. A commission of inquiry cleared the SFO of any wrong-doing.

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Alexander Turnbull Library
Reference: A-350-093
Cartoon by Malcolm Walker

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

Source: Sunday News

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How to cite this page:

Graeme Hunt, 'Business failures and corporate fraud - Personal bankruptcy, corporate failure and fraud', Te Ara - the Encyclopedia of New Zealand, (accessed 24 June 2024)

Story by Graeme Hunt, published 11 Mar 2010