Rachael Reed KC: lawyer defending claimants in the CCCFA case calls for investigation into multi-billion dollar impact

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded29 Jul 2025

Publisheromnycontent.com ↗

Handlerec:7246528

Show notes

A top lawyer working with the plaintiffs in a large-scale banking class action is calling for a formal investigation into the 'serious civil service process failures' by MBIE. Rachael Reed, KC, has outlined her objections in a letter to Public Service Commissioner Sir Brian Roche and Attorney-General Judith Collins, voicing concerns with the Reserve Bank's risk assessment. She says the $12.9 billion figure is 'fantastical' and says it doesn't have a grasp of reality. "It just doesn't make sense on that first fundamental level." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.