Sharechat Logo

SCF case adjourned until February

Monday 16th January 2012

Text too small?

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



  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:

POT Financial Results for the year to 30 June 2025
MOVE FY25 Results for the year ended 30 June 2025
BPG - Completion of Retail Offer
Comvita releases results for the year ended 30 June 2025
August 29th Morning Report
Air New Zealand announces 2025 financial result
August 28th Morning Report
VSL - 2025 date of Annual Meeting of shareholders
WIN - Winton announces FY25 Annual Results
Meridian Energy Limited 2025 Full Year Financial Results