A woman's quarter of a million dollars has sat unclaimed with the IRD for more than eight years
A woman's quarter of a million dollars has sat unclaimed with the IRD for more than eight years
6 July 2019
The pile of money is the largest amount of unclaimed money currently held by the IRD.
Under the Unclaimed Money Act, organisations such as banks and insurers send unclaimed cash to the IRD.
But according to Herald Premium, the latest tally - which was published by IRD a year ago - showed it was holding more than 181.3 million dollars in total in unclaimed money.
About 24 million has been returned.
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