Sharechat Logo

New charges laid against Bridgecorp's Petricevic and Roest

Tuesday 9th September 2008

Text too small?
Bridgecorp executive directors Rod Petricevic and Robert Roest have been charged under the Securities Act with signing a prospectus that contained untrue statements.

The charges relate to statements in the prospectus that Bridgecorp had never missed payments of principal or interest, according to a Securities Commission statement. Bridgecorp is alleged to have missed many payments between February 2007 and its receivership in July that year.

The finance company collapsed last year owing 14,500 investors almost $460 million.

The commission, the Companies Office and the Serious Fraud Office are continuing their enquiries into Bridgecorp and other finance companies, the statement said.

By Jonathan Underhill



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report
July 9th Morning Report