Construction Industry Exposed as Gang Money-Laundering Hub

New Zealand's construction industry is facing a crisis due to its association with organized crime. Police uncovered a money-laundering system that moves hundreds of millions of dollars in profits from gangs through building businesses.

The scheme involves cash-paid labour, where gang members are paid in cash and then use their earnings to launder drug money. Unscrupulous subcontractors also dodge tax and undercut legitimate operators.

The investigation, which began with the case of Auckland accountant Khieng Chiv, has revealed a complex web of connections between gangs, construction companies, and financial institutions.