Ron Salter settles landmark ‘proceeds of crime’ case for $4m
Auckland businessman says settlement is about ‘cutting our losses’, while Police say they don’t intend to use the Act ‘routinely’ for health and safety infringements.
Ron Salter, the owner of Salters Cartage, will forfeit $4 million in assets to settle a five-year-long ‘proceeds of crime’ case, in which the Commissioner of Police was seeking to seize $11m from the businessman and his family.
