Former high-flier pleads not guilty

MATT NIPPERT
Last updated 15:48 14/07/2014

Relevant offers

Crime

Child sex offender Pierre John Parsons to be monitored for another 10 years Judge finds Lee Dixon imported 6kg of cocaine into NZ String of burglaries in Seddon biggest in years, police say How a Tauranga woman fought back through the justice system Lower Hutt sex attacker fled on bike Naked teenager took wallet when she did not get money she wanted, rape accused says Community work for man who helped rip off social club fund Dunedin man loses $9000 in bank scam Bank teller caught stuffing hundreds of dollars down her blouse on CCTV Nelson firefighters respond to second suspected arson in two days

Controversial former high-flier Jamie Peters has today pleaded not guilty to charges brought by the official assignee that he breached the terms of his bankruptcy.

Peters, who as an Auckland developer once held a place on the NBR Rich List, was bankrupted in 2009 with debts totalling more than $180 million.

The official assignee sought to extend Peters' bankruptcy last year, but the application was denied by the High Court in Auckland.

Peters claimed the application was "motivated primarily by a wish to punish him," and Associate Judge David Abbot said the official assignee's case was "cirumstantial".

The official assignee is appealing this decision, and in the meantime has charged Peters in the

Auckland District Court with managing a business while bankrupt, making untrue statements to creditors and concealing property.

Peters' lawyer, David Chisholm QC, said the charges were being contested and his client had pleaded not guilty.

Chisholm said a date for the appeal and the trial had not yet been set.

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content