SCF trial call-over delayed

EMMA BAILEY
Last updated 14:46 23/01/2013

Relevant offers

Industries

Fletcher Building slows down on land purchases but remains the enemy of Auckland golfers Truck shop Bestdeals fined over $47,000 for lack of disclosure Ministry of Transport fraudster Joanne Harrison jailed Sam Neill's from Dunedin and doesn't want you to buy Cadbury chocolate - ever again Massive Port Nelson wine warehouse boost for region China's Geely to bid for Malaysian car maker Proton Have businesses pocketed money meant for employees out of work from quake? Rescue after scaffolding collapse at old Panmure Bridge, Auckland Fairfax Media shares placed in trading halt with news expected about Domain Christchurch population steadies after leakage to districts

Court appearances have been further delayed for the five men facing charges laid by the Serious Fraud Office following its investigation into South Canterbury Finance.

The five, Lachie McLeod, Edward Sullivan, Robert White, Graeme Brown and Terrance Hutton, were due to appear in the Timaru District Court on Friday to face 21 charges laid by the SFO but have been adjourned to Wednesday March 27, 2.15pm.

The Timaru District Court registrar confirmed the delay this afternoon.

"Due to administrative and other procedural matters the first call over of the matter of the Serious Fraud Office (SFO) versus five defendants has been adjourned until Wednesday March 27, 2013 at 9.15 am. Appearances of the accused have therefore been excused on Friday, January 25, 2013."

Background: South Canterbury Finance Limited (SCF) was placed into receivership on 31 August 2010 owing approximately $1.8 billion.

As the company participated in the crown retail deposit guarantee scheme, the eventual loss will be borne by the crown.

Ad Feedback

- The Timaru Herald

Comments

Special offers

Featured Promotions

Sponsored Content