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Police Called in to TAG, NZEC Dispute

Rumours that police “raided” the New Plymouth offices of fellow Canadian listed junior New Zealand Energy Corporation last week, as well as the private residences of some NZEC executives, appear a little exaggerated though.

However, TAG chief executive Garth Johnson has confirmed to EnergyNewsPremium that his company “has laid a complaint with the police alleging the removal of confidential information from its offices”.

NZEC communications and investor relations vice-president Rhylin Bailie confirmed “the police did visit the New Plymouth office regarding a matter that does not involve any of NZEC’s activities”.

“Because it does not involve NZEC’s activities, it would not be appropriate for us to comment any further,” she said from Vancouver.