CORRECT: SPI's Alcock, Knight to repay $1.08 mln, banned from directorships for 5 years

Mon, 10 Nov 2014

(Corrects sentencing date in relation to guilty pleas in third paragraph, includes reasoning behind FMA concerns in second paragraph) By Suze Metherell Nov. 11 (BusinessDesk) - Murray Alcock and Allister Knight, directors of the various SPI group of companies, have been ordered by the Financial Markets Authority to repay investors $1.08 million and banned from heading up any company which seeks money from the public. The directors agreed to the market watchdog's enforceable undertakings, after it found the Alcock and Knight had likely...

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