Makhlouf wishes he had responded more clearly on New Zealand scandal

Makhlouf wishes he had responded more clearly on New Zealand scandal

New Central Bank governor says budget leak investigation was 'conducted thoroughly and fairly'

Incoming Central Bank governor Gabriel Makhlouf has told Paschal Donohoe that he could have described the controversy surrounding a budget leak in New Zealand “more clearly and with a different emphasis”.

Makhlouf, a senior civil servant in the New Zealand Treasury Department, wrote to the finance minister in recent weeks following the scandal where he described the leaking of the country’s budget online as a sustained hacking attempt. It subsequently turned out that the information...

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