National Finance’s Braithwaite gets 10 months home detention, community work

Tue, 18 Sep 2012

Sept. 18 (BusinessDesk) - Former National Finance 2000 director Carol Braithwaite has been sentenced to 10 months home detention and 300 hours community work after being convicted on one charge of making untrue statements in a prospectus. Braithwaite was the last of four National Finance directors to face prosecution. Her husband Trevor Ludlow was jailed for six years for false accounting and theft by a person in a special relationship. Braithwaite’s sentence “highlights the fact that directors are accountable for disclosure obligations and...

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