SCF case adjourned until February

The South Canterbury Finance case has been adjourned until February and the five people charged will keep their name suppression until then.

The five people, who didn’t appear in the Timaru District Court today, were granted a registrar’s adjournment until Feb. 13 to allow for disclosure, and Judge Joanna Maze let name suppression continue until then.

The five face 21 charges relating to fraud worth $1.7 billion, including some $1.58 billion from the lender entering the government’s retail deposit guarantee scheme.

The Serious Fraud Office filed the charges in early December after a 14-month investigation.

(BusinessDesk)

BusinessDesk.co.nz

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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Rua Bioscience Market Update
FSF - Fonterra announces interim leadership changes
April 29th Morning Report
NZK - Blue Endeavour Pilot Farm and Wellboat Update
TRU - FY 31 March 2026 Revenue and Results Guidance Achieved
FBU - Fletcher Building sale of Fletcher Reinforcing and Wire
April 28th Morning Report
RYM - Ryman Healthcare appoints new independent director
ikeGPS 4Q FY26 and Full Year FY26 Performance Update
HGH - Heartland trading update