NZX-listed Mighty River Power has been caught up in an
alleged $2 million employee husband-and-wife fraud.
The Serious Fraud Office (SFO) has today laid four charges
against Paul Kenneth Rose and two against Jane Clare Rose for
obtaining by deception.
Paul Rose worked at Mighty River Power's (MRP) Penrose
gas-fired power station as an electrical engineer until
Part of his role was to identify what equipment was required
to be ordered or services provided for that plant, the SFO
Rose, or companies under his control, allegedly issued
invoices of approximately $2m to MRP for "goods those
companies sometimes didn't provide or services that were
instead performed by Mr Rose himself or others", the SFO
The SFO said Jane Rose was also involved for some time in the
alleged offending, which according to the agency took place
between June 2005 and December 2012.
An SFO spokeswoman said the Roses, both 42, were husband and
wife -- at least at the time of alleged offending.
The alleged offending came to light following a investigation
by MRP, which referred the matter to the police. It was
subsequently referred to the SFO, which began an
investigation in April 2013.
"This investigation resulted from observations and internal
checks at Mighty River Power. The company's actions in
referring this matter to the police and the active support
for the SFO's investigation means that we are now in a
position to lay charges and prosecute the people involved,"
SFO director Julie Read said today.
The defendants will next appear in court on September 30.
By Hamish Fletcher of the New Zealand Herald