No evidence of a culture of concealment at South Canterbury Finance, judge said

Tue, 14 Oct 2014

By Fiona Rotherham Oct. 14 (BusinessDesk) - The Serious Fraud Office failed to prove its suggestion of an underlying culture of concealment between 2004 and 2010 in now collapsed South Canterbury Finance, says Justice Paul Heath in his decision on charges against two directors and its former chief executive, which resulted in prosecutions against only one former director. Former SCF chief executive Lachie McLeod and former director and accountant Robert White were cleared of all charges while former director Edward Sullivan was found guil...

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