Rakon controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2013
Board criticism and NZX disclosure fine
After poor results and a 30 million New Zealand dollar asset write-down, the New Zealand Shareholders Association called for two directors to resign. The NZX also fined Rakon over continuous-disclosure failures relating to the sale of its Chengdu stake.
2006
Weapons-component controversy and export review
A New Zealand Herald investigation and subsequent activist campaigning alleged that Rakon products supplied to Rockwell could be incorporated into United States military weapons systems. New Zealand authorities concluded that the products were unlikely to have been specifically designed for military use and cleared their export.
2005
Allegations concerning military end uses
Media reports linked Rakon technology with smart bombs and missiles. Rakon disputed claims about its knowledge of final applications and said its products were not specifically designed for military use.