CBL co-accused is CFO Mulholland

CBL co-accused is CFO Mulholland
Victoria Young
Name suppression for the second defendant in the Serious Fraud Office’s case relating to the downfall of CBL Corporation has lapsed.The man defending charges alongside former managing director Peter Harris is Carden Mulholland, the insurer’s former chief financial officer.The Supreme Court today confirmed no appeal had been filed in relation to a Dec. 7 judgment refusing Mulholland continued name suppression.Mulholland faces charges of theft by a person in a special relationship, obtaining by deception and false accounting. He was C...

More Law & Regulation

Two more Smiths City stores close as liquidation sale winds up, massive discounts
Retail

Two more Smiths City stores close as liquidation sale winds up, massive discounts

Embattled retailer Smiths City has closed two more stores as its fire sale draws winds up this weekend.Administrators Colin Gower and Diana Matchett of BDO Christchurch on Friday said staff numbers will significantly reduce from next week, with remaining staff to assist with deli...

Staff reporters 12 Sep 2025
Construction suicide costs at $1.3 billion
Infrastructure

Construction suicide costs at $1.3 billion

A survey found that almost one in five workers reported suicidal thoughts.

Chido Machingura 12 Sep 2025
Net assets down, losses widen in Macquarie Group NZ's FY
Finance

Net assets down, losses widen in Macquarie Group NZ's FY

Financial group books wider full-year loss as net assets slip.

Staff reporters 12 Sep 2025
Airwork on the block to repay $145m of bank debt
Law & Regulation

Airwork on the block to repay $145m of bank debt

Airwork has an outstanding intercompany loan of $35.83m, owes trade creditors $219,000.

Denise McNabb 11 Sep 2025