Construction Cartel: Secret Auckland Company Admits Bid Corruption

New Zealand Companies Guilty in Landmark Cartel Conviction

Two construction companies will face penalties in New Zealand’s first prosecution for cartel conduct under laws introduced in 2021. A company whose name is suppressed has admitted colluding with contractor Munesh (Max) Kumar and his company, MaxBuild Ltd. Kumar admitted the charges in December last year and was sentenced to six months of community detention and 200 hours of community work. MaxBuild was fined $500,000. Both companies and their di…

Second Auckland company pleads guilty in NZ's first criminal cartel case

The company faced fines of up to $10 million and would be sentenced next month.

Construction cartel: Secret Auckland company admits bid corruption

An Auckland construction industry business that was the target of the nation’s first-ever criminal prosecution for “cartel conduct” has pleaded guilty. The...