SFO files CBL-related charges; FMA sues CBL, directors and CFO

SFO files CBL-related charges; FMA sues CBL, directors and CFO
Jenny Ruth
The Serious Fraud Office said it has filed criminal charges following it and the Reserve Bank's investigation into CBL Insurance and associated entities.The announcement follows the Financial Markets Authority's statement earlier today that it has launched two separate civil cases against collapsed insurer CBL Corp, its six directors and former chief financial officer.The SFO didn't say who its charges were against or which laws it alleges were broken and said it won't be making further comment at this stage.The FMA said it is proposing both it...

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