Banks retrial ordered – Bridgecorp receivers lose insurance recovery claim – Building consents up after a dip
The Financial Markets Authority said on Wednesday it had consented to an $18.9 million settlement between the receiver of finance company Bridgecorp Ltd, the Bridgecorp directors and their liability insurers.
Published 20 August 2012 Bridgecorp Ltd finance director Rob Roest, 56, had 3 months added on Friday to the 6½-year jail term imposed on him in May. Mr Roest pleaded guilty in the Auckland District Court to one Crimes Act charge and 2 Companies Act charges brought against him by the Serious Fraud Office, and […]
Published 19 July 2012 Bridgecorp Ltd managing director Rod Petricevic, 63, had another 4 months added to his 6½-year jail term yesterday after pleading guilty to charges relating to the fraudulent acquisition & financing of the luxury launch Medici. Judge Philippa Cunningham sentenced him in the Auckland District Court on 4 Crimes Act charges brought […]
Published 18 May 2012 Bridgecorp Ltd finance director Rob Roest, 55, was sentenced to 6½ years’ jail today for his role in the 2007 collapse of the finance company. That’s the same sentence that Justice Geoffrey Venning handed down to Mr Roest’s boss, Rod Petricevic, 62, last month. Australian non-executive director Peter Steigrad, 66, ecaped […]
Published 18 May 2012 Bridgecorp Ltd finance director Rob Roest, 55, was sentenced to 6 ½ years’ jail today for his role in the 2007 collapse of the finance company. Australian non-executive director Peter Steigrad, 66, ecaped jail. He was sentenced to 9 months’ home detention, starting Monday, and is to pay agreed reparation of […]