Former CBL chief executive Peter Harris, pictured, has not sought name suppression like his co-accused in the criminal case. Photo / Brett Phibbs
Former CBL chief executive Peter Harris, pictured, has not sought name suppression like his co-accused in the criminal case. Photo / Brett Phibbs
A man facing fraud allegations alongside former CBL chief executive Peter Harris will keep his name suppressed for at least another week.
He and Harris were charged by the Serious Fraud Office (SFO) last December after an investigation began in June 2018, following the insurance company's collapse.
After being declinedsuppression earlier this year by the District Court, an appeal hearing was held in the High Court in August, the details of which remain suppressed.
Meanwhile, Harris has seemingly embraced being named in connection to the criminal case, and has said: "I welcome the opportunity to finally bring the wider picture of the CBL saga before the court ... "
Harris, 65, who was the CEO and managing director of CBL Insurance and the managing director of CBL Corporation, faces five charges of theft by a person in a special relationship, two of obtaining by deception, and false accounting.
CBL Corporation, with a market value of $747 million at the time of its collapse, and CBL Insurance were both placed into liquidation by the High Court in 2018.