Wellington drug bust: Police seize millions in assets, guns and classic cars
Nine classic cars were taken in the raid on two properties after a year's investigation.
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Nine classic cars were taken in the raid on two properties after a year's investigation.
The searches uncovered a 5,200 sq ft triplex villa, 25 acres of farmland, nine open plots, a farmhouse, 50 tolas of gold, 2.8 kg of silver and five vehicles.
Advance Metals and Sky Metals plan to spin out their NSW and Victorian gold projects into a new company, NewCo, funded by a proposed $6 million IPO.
Patrick Hoerl’s German factual specialist Autentic has acquired the assets of Gedeon Media Group (GMG), and is launching a studios business off the back of the deal. GMG was forced into judicial liquidation earlier this year by a French Commercial Court after running into financial difficulties, with Autentic among those expressing interests in a rescue […]
PUTRAJAYA, Nov 12 — The Court of Appeal today allowed 1Malaysia Development Berhad (1MDB) and related companies to...
Six of Nigeria’s biggest banks, including Access and Zenith, saw combined profits rise to N3.11tn and total assets grow to N195.08tn as of September 2026. Read More: https://punchng.com/six-banks-post-n3-11tn-profits-assets-hit-n195tn/
SIFAX Group has urged investors in Nigeria’s logistics sector to prioritise cargo demand and efficient operations over the acquisition of physical assets. Read More: https://punchng.com/prioritise-operations-over-assets-sifax-urges-logistics-investors/
SEOUL, Nov. 11 (Yonhap) -- The ruling and opposition parties have tentatively ag...
Creditors are still owed $12.5 million as liquidators find preliminary evidence of more than $2 million in potentially insolvent and unreasonable director-related transactions at the collapsed dairy manufacturer, Mundella Foods.
SEOUL, Nov. 9 (Yonhap) -- Defense Minister Kang Shin-chul said Monday that South...
SEOUL, Nov. 8 (Yonhap) -- Helped by the artificial intelligence-led (AI) chip su...
The order impacts four manufacturing plants and has drawn immediate protest from Tokyo.
SEOUL, Nov. 5 (Yonhap) -- South Korea's plan to deploy mine-clearing assets and ...
SEOUL, Nov. 5 (Yonhap) -- South Korea plans to expand its anti-piracy mission of...
SEOUL, Nov. 5 (Yonhap) -- South Korea plans to expand its anti-piracy mission of...
Searches at 10 locations uncover properties, gold, silver, vehicles, bank balances and electronic gadgets; the ACB says the market value of these properties is expected to be much higher than their official value
The Principal District and Sessions Judge held that the prosecution had failed to establish the charge that when he was the Minister in the Jayalalithaa-led AIADMK government between 2001 and 2006, Mr. Radhakrishnan had amassed wealth disproportionate to the known sources of his income in his name and in the names of his wife, brothers, and sons
The Enforcement Directorate alleges the group siphoned off public funds from banks and financial institutions; it has so far arrested 10 people and filed six prosecution complaints under the Prevention of Money Laundering Act
Parthian Pensions says Nigeria’s N31.8tn pension assets must protect retirees against inflation and rising living costs to guarantee retirement security. Read More: https://punchng.com/n31-8tn-pension-assets-must-guarantee-retirement-security-parthian/
During the raid, the accused were allegedly found storing medicines and pharmaceutical drugs without valid licences, permits or authorisations and replacing labels on the stored medicines.
JASIN, Nov 2 — Pakatan Harapan (PH) has lodged a police report against Barisan Nasional (BN) candidate for the 16t...
Dubai-based Al Habtoor Group said its board of directors had approved the sale of the company's assets and investments in Lebanon , after it ceased operations there. The company, which has hotels, commercial and residential properties in Lebanon, said in January that it was ceasing operations and would terminate its employees in the country due to "prolonged
Consolidated Hallmark Holdings Plc’s total assets rose by 47 per cent to N111.62bn as of September 2026, from N75.94bn at the end of December 2025, as the insurance group expanded its financial investments and strengthened its equity base. Financial assets, the largest category of assets on its balance sheet, increased by 73 per cent to Read More: https://pu
Linkage Assurance’s profit after tax rose by 31 per cent to N4.09bn in the nine months ended September 2026, supported by stronger investment and other income despite rising insurance-related costs. The company’s unaudited financial results filed with the Nigerian Exchange Limited showed that profit after tax increased from N3.12bn in the corresponding perio
After hackers stole a shocking $6.3 billion from Binance customers in a record-breaking crypto heist, the company's CEO says that 90 percent of the funds have been replaced, and the company plans to cover the remaining 10 percent as well. Binance is covering the stolen funds directly, and the remaining 10 percent consists of "less […]
Cryptocurrency exchange Binance said on Saturday that it has been able to cover 90 per cent of the amount stolen in an unprecedented hack on its platform. In an update on its website, Binance said the amount to cover the stolen funds would come out of three sources: a partial use of the Secure Asset Fund for Users; a portion of the Futures insurance f
<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_4559,w_6835/744364' alt='In this photo illustration, the Binance logo is displayed on a phone screen adjacent to an image from a crypto exchange on a laptop on October 30, 2026 in London, England. (photo credit: Dan Kitwood/Getty Images)' title='In th
Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and resumed phased withdrawals.
Over 35,000 investors allegedly cheated; properties of kingpin Shivanand Neelannavar, family members and associates attached
BRS working president sought to know why the concerns raised by IDBI Bank employees over the proposed disinvestment were not being addressed
Unlike other major central banks, the Swiss National Bank has a significant equity portfolio.
<p>Cryptocurrency platform Binance said Friday it was working to resolve a “complex attack” that hit around $6.3 billion in funds, with about half that amount frozen to prevent a massive theft.</p> <p>The company — the world’s largest crypto exchange by daily trading volumes — said investigations had “uncovered additional points of breach”, contrary to initi
A DevOps engineer's compromised laptop may have been the first domino to fall in this record-breaking heist.
The hack is believed to be the biggest in cryptocurrency history, according to analysts
‘I took that question to the Lok Sabha. I asked why a profitable public bank was being sold and how its employees and depositors would be protected. The government gave no reason. Now it has decided to sell IDBI Bank to Fairfax, a Canadian company,’ says Rahul Gandhi
The hack is believed to be the biggest in cryptocurrency history, according to analysts
Binance says a security breach had resulted in an estimated $8.9 billion impact. Analysts said it could amount to the biggest crypto heist ever.
Counter-intuitively, being overly conservative is the highest-risk decision an investor can make
<p>Binance, the world’s largest cryptocurrency exchange, said a security breach had resulted in an estimated $6.3 billion impact that analysts said could amount to the biggest crypto heist ever and might make investors rethink the risks of owning digital assets.</p> <p>Binance said it had worked with partners to freeze the affected assets, with about $3bn lo
Oct 29 (Reuters) - Binance, the world's largest cryptocurrency exchange, said on Thursday it had frozen $3bn in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle CRCL.N and Tether freezing related assets.
Beyond the potential loss of assets, the security breach was likely to have wider ramifications for crypto, which had already been under pressure lately due to higher US interest rates and softer demand from exchange-traded fund buyers, analysts said.
The ASX trading higher, Binance freezes $3b in crypto assets on security breach. Follow live.
The Australian sharemarket has opened higher after a volatile night on overseas markets.
The House of Representatives has summoned the Navy, Police, Customs and others for an investigation into the management of seized and recovered assets. Read More: https://punchng.com/reps-summon-navy-police-others-over-recovered-assets/
KUALA LUMPUR, Oct 28 — The government has not set a target year to conclude all claims and asset recovery efforts...
Blackstone has committed more capital to the Gulf region in the past 12 months than at any point in its history, and it plans to invest more despite geopolitical headwinds, its chief executive has said. Despite the months-long war , the investment appeal of the Gulf remains intact, Steve Schwarzman, who is also chairman and co-founder of the world's largest
KUALA LUMPUR, Oct 27 — Federal police have found no evidence linking Malaysian Anti-Corruption Commission (MACC) o...
The attachment includes movable assets valued at ₹13.76 crore and immovable properties worth ₹9.18 crore, taking the total to ₹23.35 crore
KUALA LUMPUR, Oct 27 — A total of 25,592 officers and personnel of the Malaysian Fire and Rescue Depart...
The House of Representatives is considering a bill to establish a National Public Assets Management Commission to track, value, and manage all FG assets. Read More: https://punchng.com/reps-propose-commission-to-track-manage-fg-assets/
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