The Overseas Investments Office says it doesn't have enough evidence to take action against disgraced US television host Matt Lauer after investigating whether he meets the good character requirements to own Otago's Hunter Valley station.
In November 2016, Lauer convinced the Government he and his wife Annette Lauer were suitable owners of the property, on the shores of Lake Hawea.
The purchase of the station, valued at more than $13 million, was completed early last year, and Lauer has said he and his family were "looking forward" to making a home in the Upper Clutha.
The Overseas Investment Office, at the time, and other officials were satisfied the good character requirement of the Overseas Investment Act 2005 was met by Lauer's declaration and the check.
But NBC then fired Lauer for inappropriate sexual behaviour towards female colleagues. In an apology statement he wrote: "There are no words to express my sorrow and regret for the pain I have caused others by words and actions."