Home' Greymouth Star : November 15th 2013 Contents Greymouth Star
Friday, November 15, 2013 - 3
Brother's murder remand
Benjamin Wikaira has been
remanded in custody on a charge
of murdering Nikora Wikaira at
an Ongarue address last Saturday.
Police allege the 57-year-old shearer
shot the victim, understood to be his
brother, and buried him in a shallow
grave. e victim was 59 and also a
shearer. Judge Les Atkins refused to
allow name suppression in spite of
submissions in chambers. Wikaira
is to appear in the High Court at
Hamilton in December. --- APNZ
Girl search stepped up
Police have released the name and
photo of a missing ve-year-old
to help track her down. Te Awatea
Lemon was taken from Wairakei
Primary School last Wednesday by
her father Samuel Samson. He is not
her legal guardian and does not have
custody of her. Taupo police believe
they may be in the Massey area of
Auckland as Samson has close links
there and they have appealed for the
man to hand himself in.
--- APNZ-Rotorua Daily Post
Logging truck crashes
A logging truck which tipped
over completely blocked a road
near Whakatane yesterday. Police
attended the crash on White Pine
Bush Road where logs were strewn
across the road about 3pm. No other
vehicles were involved. Both lanes
were closed for several hours. ere
were no injuries. Police said they
--- APNZ-Rotorua Daily Post
Typhoon street appeal
A street appeal and an open air
concert are planned for next week in
a bid to raise money for the typhoon
stricken Philippines. Organised by
Wellington's Filipino community,
all funds collected from the appeal
and concert will be shared between
international charities Red Cross,
UNICEF and Caritas. Collectors
will hit the streets of the capital on
ursday, from 7am to 9am, 12 to
2pm and 4 to 6pm. An open air
concert, featuring Filipino choirs and
entertainers, will take place at Civic
Square on Saturday, from 3pm to
5pm. --- APNZ
Wind farm plan off
Meridian Energy is withdrawing
its 20-turbine Mount Munro wind
farm project, intended 5km south
of Eketahuna. Meridian Energy
yesterday issued a statement saying
at market conditions for electricity
demand meant it would not proceed
with the project for now. Meridian
had announced plans in July
2011 and had lodged consents in
December that year with Masterton
and Tararua District Councils, and
Wellington and Horizon Regional
--- APNZ-Wairarapa Times-Age
Numbers in Keno draw No 9564: 4,
11, 13, 14, 16, 17, 23, 27, 30, 36, 39, 40,
49, 51, 57, 58, 59, 60, 67, 71. Draw No
42, 47, 50, 55, 56, 59, 66, 67, 80.
Ponzi fraudster gets 10 years
A man hurt in a forest block near
Tokoroa had to be winched out by
helicopter yesterday afternoon.
e 48-year-old Rotorua man was
airlifted to hospital with leg injuries after
the incident about 2pm.
An ambulance had been called from
Tokoroa but found the man was in steep
terrain and he needed extraction by
e chopper crew winched in a
paramedic to prepare the injured man
before he was then winched aboard the
helicopter.---APNZ-Rotorua Daily Post
Drivers who refuse to pay speeding
nes will have their licence con scated
--- sometimes on the side of the road ---
and possibly lose their car under changes
due in months.
From February, the Justice Ministry
will ramp up e orts to recoup more than
$200 million in outstanding tra c nes,
most for speeding.
It will issue Driver Licence Stop Orders
as a last resort to people who repeatedly
ignore warning notices or court orders.
Any person found driving in breach
of one of the orders will have their car
impounded for 28 days.
Associate Justice Minister Chester
Borrows said in some cases people would
have to surrender their licence on the
side of the road if police detected an
order was in place.
He said the measure would apply only
to people who ignored repeated 28-day
deadlines for nes.
"You've got about four months from
the time you've been stopped and given
a ticket to pay. at's not bad, and that's
e policy will focus on 20,000 of the
worst debtors with numerous nes or a
poor record in paying o tickets.
Ministry executive Nigel Fyfe told MPs
yesterday that a number of enforcement
measures would be tried before a licence
ese would include orders for direct
payment from wages, bene ts, bank
accounts or through property seizure.
Drivers would get two weeks to make
arrangements to pay the nes. ey
would not have to wipe out the debt in a
lump sum, but would have to start paying
o some to get their licence back.
Labour transport spokeswoman Darien
Fenton said her party supported the
policy, though it held concerns it could
penalise people who needed their licence
to get to work.
At present, drivers owe $240m in nes.
--- APNZ-New Zealand Herald
Ponzi scheme fraudster David Ross
has been sent to jail for 10 years, 10
months in jail.
e 63-year-old was sentenced in
the Wellington District Court today
on charges including false accounting
and theft by a person in a special
Investors read victim impact
statements to the court that told of
their anger at losing not only their life
savings, but also losing trust in other
Some cried and others shouted as
they told the court how their lives had
been a ected.
One couple, who had been saving
to set up a home for their severely
autistic son, told the court they had
lost the ability to do that and they
fear for what will happen to their son
when they can no longer care for him.
Judge Denys Barry told Ross that
his hubris has done incalculable harm
to vulnerable people.
e judge ordered that Ross serve at
least ve years and ve months of the
Ross pleaded guilty to charges laid
by the Serious Fraud O ce and
the Financial Markets Authority,
including four of false accounting and
one of theft by a person in a special
According to authorities, the former
nancial adviser conducted a Ponzi
scheme involving 1200 customer
accounts at his business Ross Asset
Management, which he disguised by
falsely reporting clients' investments.
A Ponzi scheme is when investors are
paid out using incoming money from
new clients rather than legitimately
made pro ts or returns. Such schemes
generally require a constant stream of
new investors, who believe their funds
are being properly used rather than
being paid out to other clients.
Ross told his clients their
investments were worth $380 million
more than was actually the case.
e total amount clients actually
invested with his business was $115m.
e investigation into David Ross,
Ross Asset Management and related
entities began in October last year
when FMA received complaints
from investors who had been
unable to withdraw their funds. A
joint investigation with the SFO
Reacting to today's sentence, Serious
Fraud O ce director Julie Read said
that more than 1200 client accounts
were a ected by Ross's scheme " so
his o ending has had a devastating
impact on many lives."
" e nancial losses are not only
signi cant to those individuals but
they will have a ow on e ect as
those investors' dealings in the New
Zealand economy are impacted. It is
important the SFO remains vigilant
in ghting nancial crime so we
don't see a repetition of this sort of
FMA chief executive Sean Hughes
said he had the utmost sympathy
for investors who had trusted their
nances with David Ross and that
the law had been changed as a result.
"From next year nancial advisers
who manage a client's portfolio
under an investment authority will no
longer be able to hold that money or
" is change will better protect
the security of investors' money and
FMA's risk-based monitoring of
AFAs will assist in ensuring that they
are meeting their new obligations,"
Mr Hughes said.
Investors waiting for the sentencing
have received good news about
potential refunds from the IRD, Ross
Asset Management Investors' Group
spokesman Bruce Tichbon said.
Ross Asset Management's
liquidators received a letter from IRD
yesterday detailing a mechanism for
investors to le amended tax returns.
is would be done on the basis that
the actual value of their investments
was lower than when they led their
original tax returns.
"As the actual Ross Asset
Management related investment
values determined by the liquidators
are lower than the values in the
original reports, investors may seek
to have their income tax returns
amended," the letter from the IRD
Mr Tichbon said this was a "big win
"We estimate that about $15m to
$20m will be refunded by IRD. We
will seek con rmation of these gures
by IRD," he said last evening.
--- APNZ-New Zealand Herald
$NZ KIWI DOLLAR ($NZ1)
$NZ KIWI DO
NEW YORK (US$/OUNCE)
NZX50 CONSTITUENTS market
As at 4pm November 14, 2013
0.77 -0.01 363.6
1.68 +0.005 76.20
ANZ Banking Gr
Argosy Prop Tr
0.94 -0.005 22.08
Auckland Intl Apt
3.42 -0.01 30.85
1.98 +0.005 459.8
5.13 +0.01 58.08
Diligent BM Services
4.25 +0.02 10.38
DNZ Prop Fund
9.69 -0.01 699.5
Fonterra Sh'ders Fund 6.60 -0.02 50.65
4.49 +0.09 8.05
Goodman Prop Tr
Guinness Peat Gr
4.77 -0.23 30.07
0.87 +0.01 122.2
2.43 +0.03 90.15
Kiwi Prop Tr
1.13 -0.005 64.19
12.00 +0.01 35.01
4.50 +0.07 2.20
Michael Hill Intl
Mighty River Power
2.16 +0.02 22.21
3.54 -0.01 5.00
0.82 -0.005 50.47
2.21 +0.04 18.10
13.45 +0.05 0.61
Prop For Ind
1.28 -0.01 28.45
7.82 -0.07 21.89
Sky Network TV
6.20 -0.02 490.4
3.88 +0.02 561.2
Steel & Tube
3.10 -0.01 26.77
Summerset Gr Hldgs
3.33 -0.01 9.57
Vital Hlth Prop Tr
1.30 -0.005 10.35
4.06 +0.06 17.36
38.00 +0.80 218.7
36.15 +0.05 12.29
3.84 +0.01 182.0
Trading to 10:30am,
Friday, November 15, 2013
RISERS: 28 DECLINERS: 22 TRADED: 88
Aluminium High Grade 1,746.00 1,755.00
Great Britain GBP
JPY 87.320 81.040
United States USD
Executives who are red from their
companies would be less likely to get
excessive golden handshakes under a
private member's bill being promoted
by National list MP Paul Goldsmith.
Employers would be also less
willing to put up with high-paid sta
not doing their jobs properly.
But it appears that Mr Goldsmith
would have more chance of his bill
being passed under a Labour-led
Government than the National-led
Mr Goldsmith is proposing that
employees with salary packages
worth more than $150,000 not have
the automatic right to a personal
grievance, which they have under
present employment law.
Under the current law, even if an
employee is paid out under the terms
of his or her contract, they can still
take a personal grievance case to try
to get a higher payout.
Mr Goldsmith says that means that
employers are more likely to put up
with someone who is not doing the
job well or "make a more generous
golden handshake to make the
problem go away".
He said he had been approached
by business, and small business in
particular, who saw it as a problem.
His bill did not go as far as Australian
law which automatically exempts
a high-paid employee (earning
over $A129,000, $NZ145,235)
from being able to take a personal
" e problem that it solves very
rarely ends up in a court case. It is
the lingering threat there that makes
people more inclined to be more
generous in settlements and more
inclined to avoid a ght."
e bill has been put into the
private member's ballot.
Labour Minister Simon Bridges
said while National supported the
proposed bill, the Government would
prefer to get o cials' advice.
But Labour's labour spokesman,
Andrew Little, said last night that
it was the sort of thing a Labour-led
Government would be keen to look
at, especially for chief executives.
He had a concern with the
$150,000 threshold because it could
include highly skilled engineers, for
example, working for companies such
as Fonterra, who were well down the
chain of command and control over
Subject to a discussion about the
threshold, he agreed with the bill in
principle and thought Labour would
support it to select committee.
e bill is titled the Employment
Relations (Allowing Higher Earners
to Contract Out of Personal
Grievance Provisions) Amendment
Meanwhile, a bill sponsored by
National MP Jami-Lee Ross that
would have allowed employers to
hire temporary workers during strike
action was defeated in Parliament on
Wednesday at its rst reading by 60
votes to 61.
Since 2000, it has been unlawful for
employers to take on temporary sta
to ll the jobs of striking workers.
United Future leader Peter Dunne
held the balance of power on the bill
and voted against it.
--- APNZ-New Zealand Herald
Golden handshake may lose lustre
A ve-month-old girl born
with half a heart is set to bene t
from donations of more than 40
items, totalling nearly $8000,
from local fashion designers and
Lily Mathilde Leadbetter was
born with hypoplastic left heart
syndrome --- a rare congenital
heart defect in which the left
ventricle of the heart is severely
After only 32 hours in the
world, Lily underwent eight
hours of open heart surgery at
Starship Hospital, and at just
over three months of age she
underwent a second open heart
Now back at home in
Wellington, Lily's parents Veri
Klingler and Adam Leadbetter
have been trying to raise money
to buy a Pulse Oximeter machine,
in order to measure and monitor
Lily's oxygen saturation and
lower the number of trips to the
hospital's emergency department.
e machine has a $1600 price
eir plight prompted Mr
Leadbetter's cousin Ruben
Bryant, owner of Wellington
boutique fashion store Good as
Gold and his partner, Ashlee
Laine, to send an e-mail to local
fashion designers and suppliers,
appealing for donated items they
could auction o to raise money.
Ms Klingler described the
response as amazing. "We were
surprised about it, but yes, it's
awesome. Family helping out is
"We were really complimented
that so many people cared," she
Lily will need to undergo
another open heart operation
when she is two and a half,
or earlier if her condition
deteriorates, Ms Klingler said.
She would also need a heart
transplant if she made it to the
age of ve, of which there was
only a "50-50" chance, she said.
"It's not something that you can
irty years ago, children with
Lily's condition would have
already died, Ms Klingler said.
"We're still very lucky; there are
still babies they can't help."
Mr Bryant said raising a small
child was hard enough "let alone
not knowing how she's doing
"It was pretty amazing what
came in. It was super generous,"
he said. "It's just nuts; it was
pretty much one e-mail that got
all this stu in."
Any money raised above the
$1600 needed for the oximeter
machine would be donated
to the @Heart foundation, a
which supports children and
families a ected by congenital
heart disease. --- APNZ
Donors open hearts for Lily
PICTURE: New Zealand Herald
Baby Lily was born with half a heart. She is pictured with parents Veronika Klingler and Adam
Leadbetter who hope to buy a special monitoring machine for her.
Miners in Waihi will be out of work for
several months' next Christmas before
Newmont Waihi Gold's controversial
Correnso mine starts production.
Last month, following a lengthy
battle by a ected residents, the Waikato
Regional Council granted resource
consents to Newmont Waihi Gold for
its Correnso underground mine which
will go under 44 Waihi homes.
Newmont Waihi Gold's Trio
underground mine is scheduled to
nish production in July or August
However, the Correnso underground
mine is not anticipated to reach
production until February or March
2015 --- leaving a gap of several months
during which there will be limited work
Newmont Waihi Gold general
manager Glen Grindlay said managers
had been talking to underground crews
for the last few months to advise them
of the situation.
"We are doing everything we can to
retain a skilled and specialised workforce,
but in the end it may be that we have
a gap of several months during which
there will be no work for most of our
"It is certainly in our best interests to
keep our sta , and we will do everything
we can to do so, but if Correnso does not
start production until 2015 there will be
very limited work for any underground
Operations at Newmont's Martha
open pit and the process plant would not
be a ected by the production gap and
would continue to operate, with Martha
open pit due to close in March 2016, Mr
Grindlay said. --- APNZ
Waihi miners face
period of no work
A 27-year-old naval rating has been
charged with the manslaughter of a
trainee primary school teacher.
Grenville David McFarland, of Mount
Roskill, appeared in the Auckland
District Court this morning on the new
charge. He had earlier this month been
charged with assault.
Police laid the more serious o ence after
Tarun Asthana, 25, died of his injuries at
Auckland Hospital on November 4.
He was released on bail to appear before
the High Court next month. --- APNZ
A high-pro le Bay of
Plenty lawyer allegedly
acted for a vulnerable
teenage client the day
after he had sex with her, a
tribunal has been told.
Craig Horsley, 55,
appeared before the
Lawyers' and Conveyancers'
Disciplinary Tribunal in
Auckland yesterday to face
allegations of "disgraceful
conduct and misleading the law
Mr Horsley admitted lying to the
committee on numerous occasions, rst
denying the relationship with the young
woman and then lying about when their
relationship began. He said he did not
want his wife to suspect the baby the
teenager was pregnant with was his.
Dressed in a black suit and purple tie,
Mr Horsley put his head in his hands
and wept after con rming the a air had
ended his marriage.
He was charged by the Canterbury-
Westland Standards Committee
with entering into an inappropriate
relationship with the teen while she was
After legal wrangling by his lawyer,
John Billington, QC, the charge
was amended to one of acting as her
lawyer "while in an intimate personal
relationship" with her.
e amendment meant the case was
adjourned to give counsel time to make
e tribunal was told that in June 2010,
Mr Horsley met the teen at a Rotorua
motel where they had sex for the rst
time. She was 18.
e next day, while she was driving to
Tokoroa, she was involved in an accident
and was charged with careless driving
and driving with excess
breath alcohol, the tribunal
heard. She contacted Mr
Horsley from the police
station and he went to pick
Mr Horsley told the
tribunal he did this "both
as a friend and as a lawyer"
but said there was "no
guarantee" he would end
up representing her in
e Crown put to him
that he was clearly acting as her lawyer
and giving her legal advice at the time.
He had represented her on previous
occasions when she appeared before the
Youth Court in 2008 and 2009.
Mr Horsley said he had viewed the
teen as a "former client" and had not
spoken to her for some time when she
texted him to meet up for a co ee "out
of the blue".
ings came to a head in August 2010
when she spotted him in the Tauranga
courthouse one morning. e tribunal
was told she rushed at him and launched
"expletive-laden abuse" and, in front of a
busy court foyer, announced that she was
pregnant and the baby was his.
e Crown argued that the relationship
had triggered the woman --- who
prosecutor Michael Hodge described as
"a very vulnerable person" --- to go into a
He also argued that the a air had
begun closer to January 2010 when she
was facing a drink-drive charge.
Mr Horsley admitted to sending the
teen Christmas and birthday cards using
"a ectionate terms", and text messages
of a similar nature, but said that was
after June 2010.
e allegations surfaced last year when
police investigated following concerns
about the woman's age. --- APNZ
Lawyer accused of
sex with teen client
A Ranfurly helicopter pilot admitted
colliding with an irrigator centre
pivot while unlawfully carrying out
commercial work, then repaired the
helicopter himself and covered up the
cause of the crash.
Daniel James Parker, 22, appeared for
sentencing in the Alexandra District
Court yesterday on ve charges laid
under the Civil Aviation Act. Judge
Michael Crosbie remanded him to the
Dunedin District Court on December
12 to look into the possibility of an
--- Otago Daily Times
e Interislander's largest
passenger ferry is expected to be
out for six months after losing one
of its propellers last week.
e Kiwi Rail-owned Cook
Strait ferry service said it would be
operating at nearly half its capacity
over the peak summer period as
repairs were carried out on its
"workhorse" Aratere ship.
e Aratere lost one of its
propellers during a Cook Strait
crossing last Tuesday.
"At this stage, we expect the ship
will not be operating a passenger
service for up to six months, a
leased ship would not be in service
until mid-January and we will
have constrained capacity during
this period," Interislander general
manager omas Davis said.
" e Aratere is the workhorse
of our eet and carries out 38
crossings a week, which is 14 more
crossings than the Kaitaki and the
Arahura would normally carry out.
"It provides 45% of Inter-
islander's total capacity, and while
we are intent on minimising
disruption and restoring certainty
around future bookings as quickly
as possible, we will not be able
to carry our usual freight and
passenger volumes with our existing
and vehicle bookings would
be honoured, with many being
rescheduled to alternative services,
no new vehicle bookings would be
taken --- with only foot passengers
"We originally forecast to carry
approximately 200,000 passengers
and 55,000 cars during December
and January. We now expect to
carry only 140,000 passengers
and 33,000 vehicles without an
additional ship," Mr Davis said.
Workhorse ferry out of
action for six months
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