Global financial crisis hits NZ; don't worry, says Brash; Hanover owners put up $96 million; Winston Peters has a go at SFO; Indian drugs may be banned; and more

  • Winston Peters has accused the Serious Fraud Office of "malice" in gathering secret evidence against him and passing it on to the Parliamentary privileges committee. The Dominion Post reports that the evidence is believed to concern $40,000 in court costs associated with Mr Peters' 2005 Tauranga electoral petition. Yesterday, Mr Peters also produced a letter which he said came from the SFO and attacked NZ First MP Ron Mark for supporting legislation to abolish the SFO.
  • Medsafe may ban the import of 12 drugs, including Amoxicillin, produced by the Indian pharmaceutical company Ranbaxy. Two facilities run by Ranbaxy failed safety inspections in March, reports The Press. The US Food and Drug Administration found inadequate sterilisation and poor quality-control standards.

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