Australia New Zealand businessman Ron Brierley, 82, was arrested at Sydney airport on charges of possession of child pornography.

Australian border forces arrested Brierley when he arrived at Sydney International Airport, New South Wales at 6:30 am. This is part of an investigation conducted by the Sydney police in August regarding child possession of material.

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New Zealand tycoon Sir John Brierley Photo: The AGE/Fairfax Media/Guardian

"His luggage has been ransacked, laptops and electronic equipment inspected, including suspected child pornography," New South Wales police said in a statement.

The police then escorted Brierley to the Mascot station, south of Sydney, accusing him of six offenses related to possession of child abuse documents. New Zealand police declined to comment on whether they were involved in the investigation.

Brierley has been released on bail and is scheduled to appear on 10 February 2020 in the Downing Center district court, Sydney.

Billionaire Brierley has been a well-known investor since the 1960s, after establishing Brierley Investments in New Zealand in 1961. He was knighted in 1988 for his contributions to the community and management. business.

Over the following decades, his companies such as Industrial Equity and Guiness Peat made acquisitions targeting Australia's most famous companies, including brewer Carlton & United and the conglomerate. Lottery Tatts. Brierley had just retired in June.