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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
3 mins to read

Reserve Bank’s audit of failed IT project showed due diligence missing

A $19,000 review into the failed project revealed a procurement blind spot.

Julie Iles Thu, 20 Feb 2020

Why the Reserve Bank wrote off a multi-million dollar contract with US software company Numerix that had been due to be delivered last year was the focus for MPs from both ends of the political spectrum at a meeting of Parliament's finance and expenditure committee. 

Reserve Bank Governor Adrain

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Reserve Bank’s audit of failed IT project showed due diligence missing
Politics,
82632
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