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Home detention for former ACC property manager after SFO corruption charges

Former ACC National Property Manager Malcolm Mason has been sentenced to 11 months home detention following corruption charges levied by the Serious Fraud Office (SFO).

Tuesday, March 15th 2011, 12:00AM 1 Comment

by The Landlord

Mason had previously admitted corruptly receiving $160,000 from a property developer in return for using his position at the ACC to ensure the involvement of a developer known to him in the construction and leasing of a new ACC branch office.

He also admitted corruptly receiving a gift to the value of $9,000 in the form of a business class trip to the 2008 Singapore Grand Prix from a real estate agent in return for involving him in another ACC leasing agreement.

Mason was sentenced in relation to two Crimes Act charges and one Secret Commission Act charge brought by the SFO.

In addition to receiving the payment and gifts, Mason also admitted passing a confidential document listing all Government departmental security officers to an associate involved in the business of installing security systems.

 

 

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Comments from our readers

On 22 March 2011 at 4:48 pm Jeremy said:
So Fields gets 6 years but this corrupt official gets 11 months holiday at home. That hardly sends a negative message to anyone about taking bribes does it. Pathetic is the word that comes to mind.
Commenting is closed

 

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build ▼3.34 - - -
AIA - Go Home Loans ▼5.89 4.49 4.49 4.79
ANZ 5.69 5.09 5.09 5.39
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 4.49 4.49 4.79
ASB Bank 5.79 4.49 4.49 4.79
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BNZ - Classic - 5.99 5.69 5.69
BNZ - Mortgage One 5.94 - - -
BNZ - Rapid Repay 5.94 - - -
BNZ - Std 5.84 4.49 4.49 4.79
BNZ - TotalMoney 5.94 - - -
CFML 321 Loans ▼3.95 - - -
CFML Home Loans ▼6.05 - - -
CFML Prime Loans ▼6.25 - - -
CFML Standard Loans ▼6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Lender Flt 1yr 2yr 3yr
Co-operative Bank - First Home Special - 4.35 - -
Co-operative Bank - Owner Occ 4.99 4.45 4.49 4.79
Co-operative Bank - Standard 4.99 4.95 4.99 5.29
Credit Union Auckland 7.70 - - -
First Credit Union Special - 4.79 4.95 -
First Credit Union Standard 6.49 5.39 5.55 -
Heartland Bank - Online ▼5.30 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 7.45 5.90 5.80 -
ICBC 5.39 4.25 4.59 4.79
Kainga Ora 6.29 4.75 4.75 4.99
Lender Flt 1yr 2yr 3yr
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 5.65 5.39 5.39 5.65
Kiwibank - Offset 5.65 - - -
Kiwibank Special 6.15 4.49 4.49 4.85
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society ▼6.49 4.59 ▼4.59 -
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Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank ▼5.84 5.09 5.09 5.39
SBS Bank Special - 4.49 4.49 4.79
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SBS FirstHome Combo ▼3.29 4.29 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank ▼6.59 5.19 5.29 5.59
TSB Special ▼5.79 4.39 4.49 4.79
Unity First Home Buyer special - 3.99 - -
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Westpac Choices Everyday 5.99 - - -
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Westpac Special - 4.49 4.45 4.75
Median 6.05 4.67 4.85 4.85

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