Judge has his doubts about Mark Hotchin's evidence during trial

Judge has his doubts about Mark Hotchin's evidence during trial
Mark Hotchin appeared by video link from London. (Image: BusinessDesk)
Riley Kennedy
A high court judge has expressed doubts about the reliability of Mark Hotchin’s evidence during the week-long trial over one of his Auckland retail buildings. Justice Pheroze Jagose also questioned why Kerry Finnigan, Hotchin’s former employee who helped put the deal together, wasn’t called to give evidence.During the trial in the high court at Auckland in late June, Hotchin’s OHL Limited argued the tenancy income was overstated when it purchased a unit within 2 Kitchener St for $3.5 million from PPD – a compa...

More Finance

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
MTF to investigate bullying claims
Finance Exclusive

MTF to investigate bullying claims

Chief executive Chris Lamers said he takes the claims 'very seriously'.

Murray Jones 04 Jul 2024
Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024