ANZ bank has taken out the country's least sought after business accolade - the 2009 Roger Award for New Zealand's worst transnational company.
The Roger Award is run annually by the Campaign against Foreign Control of Aotearoa, which considers companies which are more than 25% foreign-owned.
The judges named Rio Tinto Aluminium as runner up for the second year running. Infratil, Newmont, Ryman, Telecom, Transpacific and Westpac were among finalists.
The judges say they had a tough time picking one out of the three banks which made the finals, but ANZ won the award because the ING funds fiasco was pure greed capitalism at its worst.
Past winners of the award include British American Tobacco, Telecom (twice) and the now defunct TranzRail which won three times.