Fuji Xerox NZ voluntarily suspends all NZ government contractsCameron Burnell/stuff NZ First leader Winston Peters has repeatedly called for the Government to look more closely at Fuji Xerox's contracts in New Zealand. Fuji Xerox said there were no current performance issues or any inability to meet service levels under existing arrangements. "Fuji Xerox and our affiliates take the findings of the report very seriously, and we will reform our corporate structure through strengthening governance," said Hiroshi Kurihara, president of Fuji Xerox. "The commitment of the entire Fuji Xerox Group to the New Zealand Government remains strong and Fuji Xerox New Zealand has the full support of the whole Fuji Xerox." "Accounting irregularities at Fuji Xerox NZ went unnoticed over a five year period and this raises serious questions about standards set by the External Reporting Board."

Source: Stuff July 25, 2017 20:05 UTC