11 Apr 2016

PM responds to criticism over handling of Panama papers

From Morning Report, 7:08 am on 11 April 2016

A back down is looming on the Panama Papers as the Prime Minister bows to pressure to act over the way Foreign Trusts operate in New Zealand. Mr Key will go to Cabinet today with a plan to hold a review into the New Zealand foreign trust regime. All last week Mr Key defended New Zealand's current laws and he still maintains the country has high standards in this area.