Fuji Xerox New Zealand has welcomed confirmation from the SFO that it has closed its enquiry into affairs relating to the company and will take no action.
The SFO has stated there is no basis for a formal investigation after it undertook an enquiry as a result of comments in the media. Fuji Xerox cooperated fully with the SFO in relation to that enquiry.
Gavin Pollard, managing director at Fuji Xerox New Zealand, says the company had full confidence from the outset that there were no grounds for any action by the SFO and is pleased the matter is now closed.
He says, “We cooperated fully with the SFO with its enquiries on a voluntary basis as we were eager to resolve this matter as quickly as possible.”
Fuji Xerox New Zealand has been in New Zealand for over 50 years and holds significant market share despite the competitive landscape. Pollard continues, “Our customer expectations are changing and we are investing heavily in CSR, document related technologies, services and solutions to ensure we stay at the forefront of our industry and remain a valued partner to our customers. The good news is we have very strong shareholder support which clearly provides a great platform to develop the business further.”