CBL’s Peter Harris welcomes acquittal

CBL’s Peter Harris welcomes acquittal
(Image: NZME)
Staff reporters
Former CBL Corp managing director Peter Harris has welcomed his acquittal of all charges laid by the Serious Fraud Office. In the high court in Auckland, Justice Michael Robinson on Thursday found Harris not guilty of eight fraud charges and CBL’s former chief financial officer Carden Mulholland not guilty of three charges laid by the Serious Fraud Office (SFO).Harris welcomed the decision and stressed that there was never any allegation he misappropriated any funds of CBL Insurance, nor that the charges caused or had anything to do...

More Markets

NZ sharemarket rises on back of positive news
Markets Market close

NZ sharemarket rises on back of positive news

The S&P/NZX 50 Index closed at 13,041.9, rising 276.66 points or 2.17%

Graham Skellern 22 Nov 2024
Oceania shrinks footprint, prioritises balance sheet
Property

Oceania shrinks footprint, prioritises balance sheet

Oceania has divested four aged care facilities in the space of six months.

Gregor Thompson 22 Nov 2024
The Warehouse’s plan to come back ‘with a vengeance’
Retail

The Warehouse’s plan to come back ‘with a vengeance’

Executives face tough questions at the retailer’s AGM.

Victoria Young 22 Nov 2024
Wellington's blue sky boondoggle
Infrastructure

Pattrick Smellie: Wellington's blue sky boondoggle

Is the capital's airport serious, or is Infratil just trying to pump value?

Pattrick Smellie 22 Nov 2024