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Fisher & Paykel employee took $213k from Middle Eastern companies under the table

A former Fisher and Paykel Healthcare employee has admitted to deception charges after accepting more about $213,000 in payments from Middle Eastern companies.

Simon William Hall, 49, has pleaded guilty to a charge of obtaining by deception, and two charges laid under Section 8 of the Secret Commissions Act laid by the Serious Fraud Office.

The SFO said this afternoon in a statement that payments, from Saudi Arabian and Jordanian companies, were made to Hall in order to secure distribution rights to F&P Healthcare products.

F&P Healthcare had no knowledge of the payments, the SFO said, and Hall also made false representations to his employer about payments made to him for the installation of products which never took place.

SFO Director Julie Read said "the acceptance of rewards outside of an employment contract which prohibits receipt of any commission or payment, is a fraudulent act and unacceptable in New Zealand business whether it is on our shores or being conducted overseas".

Hall will be sentenced at Auckland District Court on June 9.

F&P Healthcare was founded in 1934 - 83 years ago - and is headquartered in Auckland. It now employs about 3,150 people and its products are sold in about 120 countries worldwide.

Fisher & Paykel Healthcare Source: 1 NEWS


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