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Checkpoint for Friday 24 February 2012
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Lombard directors quilty of misleading investors
5:07 PM.A High Court Judge has found two former Cabinet Ministers and their business colleagues guilty of misleading investors in the failed company, Lombard Finance. Audio
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More from the lawyer for two of the directors
5:09 PM.The Financial Markets Authority, which brought the charges, is welcoming the verdicts but isn't commenting further until after sentencing. Audio
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Lombard investor hopes verdicts give leverage for class action
5:14 PM.Lombard investor Paul Wah lost a significant amount of money in the company's collapse - much of his life savings. Audio
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Air NZ sheds jobs as profits dive
5:17 PM.Air New Zealand is slashing nearly 450 jobs after a sharp fall in profits. Audio
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Evening Business for 24 February 2012
5:22 PM.Air New Zealand is dipping its toe in the South American market. Turners Auctions says it will continue to bridge the gap with locally sourced vehicles. The company that produces the Oyster Bay wines… Read more Audio
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Stadium Trust rejects accounting problem claim
5:25 PM.Auditors are being brought in to scrutinise the accounts of Dunedin's new stadium, after discrepancies were found - which could be unauthorised spending or cost overruns. Audio
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Burst sprinkler forces library to close
5:28 PM.The Auckland City Library will be closed over the weekend because a pipe in the sprinkler system ruptured, flooding the building. Audio
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Sports News for 24 February 2012
5:33 PM.An update from the team at RNZ Sport. Audio
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Kevin Rudd confirms leadership run
5:36 PM.In Australia, Kevin Rudd has confirmed he will stand against Julia Gillard in Monday's leadership challenge. Audio
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CAA happy for company to continue its work for now
5:39 PM.The Civil Aviation Authority says it's happy to let the company that sparked an urgent check on hot air balloon maintenance continue to do the work for now. Audio
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Raid accussed have poor weapon skills- detective
5:43 PM.A court has heard that people filmed at, what the Crown is calling, para-military style camps in Te Urewera National Park had a very relaxed approach to holding guns, and had poor aim. Audio
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Manu Korihi News for 24 February 2012
5:50 PM.The Devonport-Takapuna Local Board in Auckland wants the Government to sort out the future ownership of three hectares of land at Narrow Neck, which the navy currently occupies. The Chairman of a King… Read more Audio
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Port workers say they don't know how they'll get by
5:53 PM.About 300 Maritime Union workers at the Ports of Auckland are on strike tonight for three weeks - a move the port company is calling irresponsible and reckless. Audio
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Former Lombard directors guilty of breaching the Securities Act
6:07 PM.A High Court Judge has found two former Cabinet Ministers and their business colleagues guilty of misleading investors in the failed company, Lombard Finance. Audio
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Air New Zealand says cutting jobs last resort
6:10 PM.Air New Zealand says it has no choice but to cut hundreds of jobs, amid falling profits. Audio
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Firefighters union calls for South Island commander to go
6:14 PM.The Professional Firefighters Union in the South Island is calling for the Service's Regional Commander to go, saying his relationship with staff is beyond repair. Audio
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Evening Business for 24 February 2012
6:22 PM.A securities law expert expects today's Lombard Finance judgement to be closely scrutinised by company directors facing their own court action. Audio
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Parents still hope to save troubled Dunedin school
6:25 PM.Parents still hope they can stave off the closure of a troubled Dunedin school, despite its roll falling to just 21 children. Audio
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Sports News for 24 February 2012
6:33 PM.An update from the team at RNZ Sport. Audio
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Focus on Politics for 24 February 2012
6:36 PM.Steven Joyce is the National Party's Mr Fix It. He became a Government minister in 2008 without any previous parliamentary experience and was National's campaign chairperson in the 2011 election… Read more Audio
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Manu Korihi News for 24 February 2012
6:53 PM.Settlement of Treaty of Waitangi claims for nine hapu in Wairarapa and southern Hawke's Bay, take a step forward tonight in Palmerston North; The Devonport-Takapuna Local Board in Auckland wants the… Read more Audio
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Pacific leaders accuse Council of excluding Pacific communities
6:56 PM.Pacific leaders appointed to advise the Auckland Council are accusing it of excluding Pacific communities from important decisions on the city's future. Audio