A Wellington businessman jailed over an almost $10 million fraud will not be allowed a second appeal against his sentence.

Former E-Gas director Ronald Rosenberg, 73, was last year sentenced to three years in prison and ordered to pay reparation of $400,000 for his part in the fraud.

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Co-offender Sydney Lio Hunt, 46, was jailed for three and a half years.

Judge Bruce Davidson had earlier found the men guilty of 41 counts of dishonestly using a document, following a lengthy trial in the Wellington District Court.

The judge found the fraud involved at least $9.75 million.

Rosenberg appealed against the $400,000 reparation order to the Court of Appeal, which rejected his appeal.

He then sought leave to appeal to the Supreme Court, again seeking to appeal against the reparation order.

But in a judgment delivered today, the Supreme Court dismissed his application for leave to appeal.