Bridgecorp directors back in court

Rod Petricevic and Rob Roest, directors of failed finance company Bridgecorp, face more charges in the High Court at Auckland today.

The two are due in court on a callover on charges brought under the Crimes Act and the Companies Act.

The pair are alleged to have made false statements to a trustee and in a prospectus about Bridgecorp's financial status.

The charges laid by the Crown were separate to charges laid against the pair by the Serious Fraud Office and separate to the 50 criminal charges laid under the Securities Act against Petricevic, Roest and other Bridgecorp directors, Bruce Davidson, Gary Urwin and Peter Steigrad.

They are due to stand trial on those charges next year.

The finance company collapsed in 2007 owing more than 14,000 investors $460 million.

- NZPA

© Copyright 2014, APN New Zealand Limited

Assembled by: (static) on red akl_n4 at 17 Sep 2014 21:57:16 Processing Time: 801ms