The case of Maritime NZ v Anthony Michael Gibson, 2024, which resulted in a $130,000 fine and $60,000 in costs against the CEO of the Ports of Auckland, gained attention for the size of the fine. The judgement also contained some timely advice on due diligence.
In short:
First – get out of your seat, and then ask probing questions and engage some independent monitoring or auditing and dont assume no news is good news