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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
1 mins to read

Kiwibank faces criminal charges for alleged overcharging

The Commerce Commission claims more than $7 million was incorrectly charged to more than 36,000 customers.

Kiwibank ‘disappointed’ about letting customers down with historic issues.

New Zealand-owned Kiwibank is facing criminal charges for alleged systemic breaches under the Fair Trading Act.

The Commerce Commission claimed the breaches resulted in more than $7 million being incorrectly charged to more than 36,000 customers.

That related to fees and interest rates for home

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Jonathan Mitchell Tue, 11 Jun 2024
Contact the Writer: jmitchell@nbr.co.nz
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Kiwibank faces criminal charges for alleged overcharging
Law,
104431
true