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Losses force equity raise for private prison operator

Serco’s British parent company rides to the rescue.
Prison operator Serco has received a $21.4 million bailout from its UK parent company after further losses left its balance sheet dangerously depleted.
Serco runs the Auckland South Corrections Facility at Wiri under a 25-year contract with SecureFuture, a private consortium contracted to build and operate the prison for the Department of Corrections.
In financial statements filed to the Companies Office this week, Serco reported a loss for the year to December 2019 of $3.8m from revenue of $33.3m.
Since incorporation in 2010, Serco has generated accumulated losses of $29m.
After the 2019 result, Serco’s net equity was below $1m and ....

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Black Power gang enforcer faces more jail time for bashing prospect

Black Power gang enforcer faces more jail time for bashing prospect
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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Prison Violence Out Of Control On Labour's Watch

Sunday, 14 March 2021, 2:53 pm
The number of prisoner assaults on corrections officers
has skyrocketed in recent years with more than 2000
incidents taking place on the Labour Government’s watch,
National’s Corrections spokesperson Simeon Brown
says.
Figures released to National show the year to
June 2020 was a stand-out with 889 assaults. This is a 92
per cent increase on year to June 2017 – the last full
financial year of the previous National Government – when
there were 463 assaults.
Data from the first seven
months of the year to June 2021 suggest we are on track for
a similar or greater number of assaults on corrections
officers, Mr Brown says. ....

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auckland.scoop.co.nz » Prison Violence Out Of Control On Labour's Watch

Press Release – New Zealand National Party
The number of prisoner assaults on corrections officers has skyrocketed in recent years with more than 2000 incidents taking place on the Labour Government’s watch, National’s Corrections spokesperson Simeon Brown says.
Figures released to National show the year to June 2020 was a stand-out with 889 assaults. This is a 92 per cent increase on year to June 2017 – the last full financial year of the previous National Government – when there were 463 assaults.
Data from the first seven months of the year to June 2021 suggest we are on track for a similar or greater number of assaults on corrections officers, Mr Brown says. ....

New Zealand , Simeon Brown , Kelvin Davis , Zealand National Party , National Corrections , National Government , Press Release , New Zealand National , Labour Government , Minister Kelvin Davis , Auckland South Corrections Facility , Christchurch Men , Corrections Minister , Waikeria Prison , புதியது ஜீலாந்து , சிமியோன் பழுப்பு , கெல்‌விந் டேவிஸ் , ஜீலாந்து தேசிய கட்சி , தேசிய திருத்தங்கள் , தேசிய அரசு , ப்ரெஸ் வெளியீடு , புதியது ஜீலாந்து தேசிய , தொழிலாளர் அரசு , அமைச்சர் கெல்‌விந் டேவிஸ் , ஆக்லாந்து தெற்கு திருத்தங்கள் வசதி , கிறிஸ்ட்சர்ச் ஆண்கள் ,

Calls for prison discipline overhaul amid increase in assaults on Corrections staff

The percentage of assaults caused by gang members or affiliates was 58 per cent in the most recent financial year.
Union boss Alan Whitely, president of the Corrections Association of New Zealand, said the Corrections Regulations 2005 legislation should be overhauled.
He blamed a “softer approach”, and said a lack of discipline in prisons was behind the increasing assaults.
MARTIN DE RUYTER/Stuff
Alan Whitely says a lack of discipline in prisons is to blame for the increasing assaults on guards.
Whitely said Corrections staffers were afraid to properly discipline prisoners for fear of being investigated or disciplined themselves, and that there weren t enough adjudicators for the country’s prisons, meaning internal charges often came to nothing. ....

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