Chinese Investors spending up big in NZ

[Perry]

The Moral High Road Less Travelled

Secret Government sting on Auckland building sites finds serious problems

A sting operation at building sites for new homes in Auckland found specially qualified builders missing at four out of five venues inspected and a range of regulatory and employment problems.

The Labour inspectorate noted nearly all sites failing to meet employment obligations were run by Chinese companies. Thirteen sites were to have been visited by Immigration New Zealand and five people were deported.

Chinese Speculators Fuel Property Market With Fake Divorces to Skirt Curbs

First home buyers need to be careful about which people do business with.

[PTWhatAGreatForum]

Among various immigraint groups from that part of the world, are individuals who were corrupt and racist where they came from. They bring this nonsense to New Zealand and cause problems.

The common sense thing to do would be to kick them out, as Australia does. Make way for others who want to come to New Zealand and contribute.

[eri]

this'll draw their attention

Tang was ordered to pay a civil penalty in the sum of $110,500..'''

Huang and Ouyang were each ordered to pay a civil penalty of $229,500, while Zhou was ordered to pay $243,000....

Barrett said: "The judgment establishes that where an overseas person stands to make gain from buying sensitive land without consent, any penalty imposed will focus on the gain they make by failing to follow the overseas investment rules."

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12011961

[Davo36]

this'll draw their attention

Tang was ordered to pay a civil penalty in the sum of $110,500..'''

Huang and Ouyang were each ordered to pay a civil penalty of $229,500, while Zhou was ordered to pay $243,000....

Barrett said: "The judgment establishes that where an overseas person stands to make gain from buying sensitive land without consent, any penalty imposed will focus on the gain they make by failing to follow the overseas investment rules."

http://www.nzherald.co.nz/business/n...ectid=12011961

Good luck with collecting the money. They'll be in China laughing all the way to the bank.

[Davo36]

Among various immigraint groups from that part of the world, are individuals who were corrupt and racist where they came from. They bring this nonsense to New Zealand and cause problems.

The common sense thing to do would be to kick them out, as Australia does. Make way for others who want to come to New Zealand and contribute.

I agree with this, but surprised you would say this. Your wife is filipino isn't she? Pretty corrupt over there isn't it? Not saying she is.

I'm surprised corruption is not made a bigger issue than it is actually. We import tens of thousands from places like India and China, where corruption is the way of life, and expect them to totally behave themselves when they get here...

[PTWhatAGreatForum]

I agree with this, but surprised you would say this. Your wife is filipino isn't she? Pretty corrupt over there isn't it? Not saying she is.

You're right, she is Filipino and corruption is widespread there.

Most Filipinos in New Zealand hate corruption but a few corrupt Filipinos have made it to NZ and other countries. They then proceed to rip off other Filipinos through affinity frauds. Some then end up publicly outed in Filipino forums. (Noting their fellow nationals can be harsher on rule breakers then NZers are).

So, why is it a surprise I say this? Go and ask almost any Filipino. Most of them will tell you the same.

The Philippines has now elected an authoritarian President who is standing on an anti-corruption platform. He is genuinely very popular there - like a cult figure.

[Perry]

The Philippines has now elected an authoritarian President who is standing on an anti-corruption platform. He is genuinely very popular there - like a cult figure.

All to the hand-wringing and seething moral angst of the international do-gooder set, of course.

[Sportsvee]

Have heard tale of new builds being done to standard (concrete pad wiring, framing, etc) to get sign off. Next day site is stripped, and material moved to next location so sub-par building can be done on the cheap.

Yeah, some real quality people out there. Bring on the robots.

[PTWhatAGreatForum]

The dark side of Britain’s gold rush: how corruption crept into our suburbs

Stand outside a north London private school when the bell rings at the end of the day and it soon becomes apparent how much some parts of the capital have changed in only a few decades.Scything through the chill of a January afternoon comes the chatter of excited children. But these children are not speaking English or French or German. They talk in languages that come from far further afield.

“Thirty years ago, your average private school was solidly middle class,” said Robert Barrington, executive director of the UK chapter of Transparency International, an anti-corruption organisation. “Now a high percentage, 50% or more, will be children from overseas, countries like China and Nigeria.”

Full article:

https://www.theguardian.com/uk-news/2017/jan/14/corrupt-money-crept-britain-property-kleptocrats

[eri]

Good luck with collecting the money. They'll be in China laughing all the way to the bank.

if you read the story

it seems the plea-bargain?

means they've agreed to pay?

"The penalties had been agreed between the parties"

[Davo36]

if you read the story

it seems the plea-bargain?

means they've agreed to pay?

"The penalties had been agreed between the parties"

Agreeing to pay and paying are 2 different things.

[Davo36]

The dark side of Britain’s gold rush: how corruption crept into our suburbs


Stand outside a north London private school when the bell rings at the end of the day and it soon becomes apparent how much some parts of the capital have changed in only a few decades.Scything through the chill of a January afternoon comes the chatter of excited children. But these children are not speaking English or French or German. They talk in languages that come from far further afield.

“Thirty years ago, your average private school was solidly middle class,” said Robert Barrington, executive director of the UK chapter of Transparency International, an anti-corruption organisation. “Now a high percentage, 50% or more, will be children from overseas, countries like China and Nigeria.”

Full article:
https://www.theguardian.com/uk-news/...ty-kleptocrats

Yeah, the west is totally complicit in corrupt regimes laundering their money.

Everyone does well out of it, politicians, lawyers, real estate agents and especially the bankers. Want money laundered? Do you use some bank in Russia or Africa? No you use one in the UK or the USA or another westernised nation. It's US (I mean us, the people, not the country) who helps them do this.