Serious Fraud Office to appeal findings in CBL criminal case

Peter Harris outside the high court at Auckland. (Image: NZME)

Fri, 20 Oct 2023

The Serious Fraud Office said on Friday that it had sought leave to appeal two of the eight not-guilty findings against two CBL Corporation executives.In September, a high court judge said the company’s managing director, Peter Harris, and chief financial officer, Carden Mulholland, are not guilty of Crimes Act charges. Many of the eight charges against the pair fell over at early hurdles, with findings that the Reserve Bank of New Zealand (RBNZ) had not issued directions properly. The groups of charges were broadly split into t...

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