Friday, 19 August 2022
Meet the JournalistsPremiumAucklandWellingtonCanterbury/South Island
CrimePoliticsHealthEducationEnvironment and ClimateNZ Herald FocusData journalismKāhu, Māori ContentPropertyWeather
Small BusinessOpinionPersonal FinanceEconomyBusiness TravelCapital Markets
Politics
Premium SportRugbyCricketRacingNetballBoxingLeagueFootballSuper RugbyAthleticsBasketballMotorsportTennisCyclingGolfAmerican SportsHockeyUFC
NZH Local FocusThe Northern AdvocateThe Northland AgeThe AucklanderWaikato HeraldBay of Plenty TimesHawke's Bay TodayRotorua Daily PostWhanganui ChronicleStratford PressManawatu GuardianKapiti NewsHorowhenua ChronicleTe Awamutu Courier
Covid-19
Te Rito
Te Rito
OneRoof PropertyCommercial Property
Open JusticeVideoPodcastsTechnologyWorldOpinion
SpyTVMoviesBooksMusicCultureSideswipeCompetitions
Fashion & BeautyFood & DrinkRoyalsRelationshipsWellbeingPets & AnimalsVivaCanvasEat WellCompetitionsRestaurants & Menus
New Zealand TravelAustralia TravelInternational Travel
Our Green FutureRuralOneRoof Property
Career AdviceCorporate News
Driven MotoringPhotos
SudokuCodecrackerCrosswordsWordsearchDaily quizzes
Classifieds
KaitaiaWhangareiDargavilleAucklandThamesTaurangaHamiltonWhakataneRotoruaTokoroaTe KuitiTaumarunuiTaupoGisborneNew PlymouthNapierHastingsDannevirkeWhanganuiPalmerston NorthLevinParaparaumuMastertonWellingtonMotuekaNelsonBlenheimWestportReeftonKaikouraGreymouthHokitikaChristchurchAshburtonTimaruWanakaOamaruQueenstownDunedinGoreInvercargill
NZ HeraldThe Northern AdvocateThe Northland AgeThe AucklanderWaikato HeraldBay Of Plenty TimesRotorua Daily PostHawke's Bay TodayWhanganui ChronicleThe Stratford PressManawatu GuardianKapiti NewsHorowhenua ChronicleTe Awamutu CourierVivaEat WellOneRoofDriven MotoringThe CountryPhoto SalesNZ Herald InsightsWatchMeGrabOneiHeart RadioRestaurant Hub

Advertisement

Advertise with NZME.
Business

Petricevic admits SFO charges - another four months prison

18 Jul, 2012 03:00 AMQuick Read
Former Bridgecorp director Rod Petricevic in the dock during sentencing at the Auckland High Court in April this year. Photo / Brett Phibbs

Former Bridgecorp director Rod Petricevic in the dock during sentencing at the Auckland High Court in April this year. Photo / Brett Phibbs

Herald online

Rod Petricevic will spend a further four months in prison - to be added on to his current six and-a-half year sentence.

The former director of the failed finance company Bridgecorp appeared briefly at the Auckland District Court today where he pleaded guilty to four charges.

One of the charges related to Petricevic stealing more than $1.8 million from Bridgecorp to purchase a luxury vessel, the Medici.

It was allegedly bought and its operating costs paid with $1.8m in Bridgecorp money but was owned by Poseidon, a firm Petricevic directed and owned.

Advertisement

Advertise with NZME.

Three other charges against Petricevic were dismissed.

Bridgecorp collapsed in 2007, owing $459 million to investors.

The 63-year-old was sentenced at the High Court at Auckland in April to six and-a-half years in prison after being found guilty of 18 charges of misleading investors and making false statements.

Related articles

Business

Bridgecorp duo for sentencing today

17 May 10:05 PM
Business

Bridgecorp: Roest gets six years jail

18 May 12:33 AM
New Zealand|Crime

Doubt over whether SFO's Bridgecorp trial will go ahead

03 Jun 05:30 PM
New Zealand|Crime

Search of ex-SFO lawyer's computers fails to find fake email

04 Jun 05:30 PM

Advertisement

Advertise with NZME.

Latest from Business

Premium
New Zealand

New supermarket for Havelock North approved

19 Aug 03:26 AM
Business

Facebook sacks 60 staff 'at random'

19 Aug 03:16 AM
Premium
Business

Should the All Blacks wear black? And the other no-brainer for Air NZ's Greg Foran

19 Aug 02:02 AM
Premium
Business

Adrian Orr accepts mortgage rates could fall next year

19 Aug 01:45 AM
Premium
Business

Results at a glance - Genesis, AIA, Kiwibank, Skellerup, Precinct

19 Aug 01:26 AM

Most Popular

No cycle or walking lanes for Auckland Harbour Bridge
New Zealand

No cycle or walking lanes for Auckland Harbour Bridge

19 Aug 04:41 AM
Man tried to hire hitman for $300 to kill a person who didn't get along with his wife
New Zealand|Crime

Man tried to hire hitman for $300 to kill a person who didn't get along with his wife

19 Aug 03:13 AM
Parole denied: Mark Lundy to remain behind bars 22 years after killing his wife and daughter
New Zealand|Crime

Parole denied: Mark Lundy to remain behind bars 22 years after killing his wife and daughter

19 Aug 03:00 AM

Advertisement

Advertise with NZME.
About NZMEHelp & SupportContact UsSubscribe to NZ HeraldHouse Rules
Manage Your Print SubscriptionNZ Herald E-EditionAdvertise with NZMEBook Your AdPrivacy Policy
Terms of UseCompetition Terms & ConditionsSubscriptions Terms & Conditions
© Copyright 2022 NZME Publishing Limited
TOP