Arms traders exploiting NZ laws – Oxfam. Stuff News Michael Field 19/10/10
Dangerous gaps in New Zealand’s company registration system are being exploited by arms brokers, aid organisation Oxfam says.
“Controls around company registration in New Zealand need to be tightened to prevent New Zealand businesses from unwittingly or deliberately facilitating illicit arms transfers,” the group says in a report today.
Oxfam’s “Brokers without Borders” examined the way a New Zealand company, SP Trading Ltd, smuggled arms out of North Korea late last year for an unknown destination.
Oxfam noted that nobody in New Zealand has been prosecuted for the arms trading despite it breaking United Nations sanctions and New Zealand law.