New Zealand companies and NZ trust & company service provider embroiled in high level Slovakian financial scandal

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October 09, 2017

Slovakia’s Public Procurement Office (PPO) has pulled up 11 New Zealand companies for their roles in a bogus ownership structure at one of the country’s largest construction companies that earns the bulk of its income from government contracts.

And while the PPO has gone after the owners of the Slovakian company, Váhostav-SK, local police and other bodies have now expanded their investigations over suspicions the New Zealand companies and mysterious “mailbox companies” – one with another New Zealand connection – could be a front for a multi-million dollar money-laundering scam.