Thursday June 4, 2020

Profile of Gabriel Makhlouf: Banker in the balance

The next governor of the Central Bank, Gabriel Makhlouf, now finds himself at the centre of a growing political storm, and an official investigation into his actions and what he told his political masters

Ian Guider

Markets Editor

@ianguider
9th June, 2019

The political scandal currently gripping New Zealand resembles nothing so much as an episode of House of Cards. Days before the government was due to publish its budget - the flagship event of any administration - the country’s treasury department found its website under siege over the space of 48 hours.

The confidential budget documents, or some of them at any rate, found their way into the hands of the opposition National Party, which...

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