DOIA 1718-1763

 

Dear Paul,

 

On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 8/06/2018 requesting under the Official
Information Act 1982 (the Act), the following:

 

Since 2013 have there been any cases of the Insolvency and Trustee
Services seizing property and assets located abroad from those New
Zealanders who went bankrupt. Of special interest is those New Zealanders
who went bankrupt for the sole purpose of wiping their outstanding student
loan obligations to the Inland Revenue Department.

 

Please provide the number of cases where the IRD was the sole debtor in
bankruptcy cases where overseas assets and properties were seized and in
which country the assets were seized. I am interested to see how this has
changed over the last five years.

 

Could you also provide the legal mechanism or process for other sovereign
governments to cooperate with the relevant New Zealand ministries involved
in recouping this student debt. I.e. How does the relevant government
ministry go about getting a bankrupt debtor to pay their debts when
bankrupt in New Zealand but living abroad?

 

Your request is being processed in accordance with the Act and a response
will be sent to you in due course. If you have any enquiries regarding
your request feel free to contact us via email [1][MBIE request email] or
using the contact details below.

 

 

Yours sincerely,

Alan Witcombe

MANAGER, MINISTERIAL SERVICES

 

Corporate, Governance and Information

Ministry of Business, Innovation and Employment

Level 4, 15 Stout Street, PO Box 1473, Wellington 6140

[2]cid:image004.jpg@01D10666.447C6950

 

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[1]www.govt.nz - your guide to finding and using New Zealand government
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Any opinions expressed in this message are not necessarily those of the
Ministry of Business, Innovation and Employment. This message and any
files transmitted with it are confidential and solely for the use of the
intended recipient. If you are not the intended recipient or the person
responsible for delivery to the intended recipient, be advised that you
have received this message in error and that any use is strictly
prohibited. Please contact the sender and delete the message and any
attachment from your computer.

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