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Mother names New Zealand's 'millionaires' on the run
Source: Agencies |
May 23, 2009, Saturday
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Print Edition
Print Edition
A BUSINESSMAN and his girlfriend who fled the counry after their bank in New Zealand accidentally handed them a US$6.1 million credit line, were named yesterday as Leo Gao and Kara Yang.
They managed to take out more than a third of the cash, the bank said. An international search is under way for the couple.
A woman told New Zealand's TV3 network that the couple were her daughter Kara and her boyfriend, who were traveling with Yang's 7-year-old daughter, Leena.
Sue Hurring said that while the situation was "stupid, bizarre," her daughter was "honest."
"She has never pinched a thing in her life - probably as a little girl, yes - but she is so honest, so honest," she said.
Westpac Bank said yesterday that it had accidentally opened a line of credit for a thousand times their limit of NZ$100,000 (US$61,000) for the couple, who ran a gas station in the North Island city of Rotorua.
An account holder then tried to transfer about US$4 million out of the account, but the bank was able to recover US$1.7 million.
Westpac says it considers the money stolen but conceded human error at the bank.
They managed to take out more than a third of the cash, the bank said. An international search is under way for the couple.
A woman told New Zealand's TV3 network that the couple were her daughter Kara and her boyfriend, who were traveling with Yang's 7-year-old daughter, Leena.
Sue Hurring said that while the situation was "stupid, bizarre," her daughter was "honest."
"She has never pinched a thing in her life - probably as a little girl, yes - but she is so honest, so honest," she said.
Westpac Bank said yesterday that it had accidentally opened a line of credit for a thousand times their limit of NZ$100,000 (US$61,000) for the couple, who ran a gas station in the North Island city of Rotorua.
An account holder then tried to transfer about US$4 million out of the account, but the bank was able to recover US$1.7 million.
Westpac says it considers the money stolen but conceded human error at the bank.
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