Third person charged by SFO in case over failed insurance company CBL
17 Mar, 2021 04:30 AM
2 minutes to read
The firm s former chief executive Peter Harris faces several charges but has welcomed the CBL saga being brought before the courts. Photo / Dean Purcell
A third person has been charged by the Serious Fraud Office (SFO) after the collapse of insurance company CBL.
The firm s former chief executive Peter Harris and former chief financial officer Carden Mulholland have already been facing criminal charges for more than a year.
They had their case called in the High Court at Auckland this morning before Justice Sally Fitzgerald for what was expected to be a largely procedural hearing.
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CBL co-accused in SFO case named as former chief financial officer Carden Mulholland
14 Dec, 2020 04:40 AM
3 minutes to read
Former CBL chief financial officer Carden Mulholland can today be named as the second man facing criminal charges in the Serious Fraud Office case. Photo / Brett Phibbs
Former CBL chief financial officer Carden Mulholland can today be named as the second man facing criminal charges in the Serious Fraud Office case. Photo / Brett Phibbs
A man facing fraud allegations after the collapse of $747 million insurance company CBL can today be named for the first time.
He is the firm s former chief financial officer Carden Mulholland.
Supplied
Peter Harris has denied the charges against him. Both men have denied the charges and are set to go to trial at the High Court at Auckland in September 2021. In November, at the Court of Appeal, David Jones QC argued his client and persons connected to him would suffer extreme hardship if named. Covid-19 had increased that hardship, Jones said. Brian Dickey, acting on behalf of the Serious Fraud Office (SFO), opposed the application. Justice Patricia Courtney, Justice Cameron Mander and Justice Mark Woolford dismissed the application but ordered the contents of the judgment to remain suppressed until the end of the trial.