Bribery and corruption: Stephen Borlase forfeits $3.5m but properties, cars unfrozen
7 May, 2021 05:00 PM
5 minutes to read
Stephen Borlase reached a settlement with police over his frozen assets after New Zealand s biggest bribery case. Photo / Jason Oxenham
Stephen Borlase reached a settlement with police over his frozen assets after New Zealand s biggest bribery case. Photo / Jason Oxenham
A corrupt former businessman who was jailed for bribing public officials will forfeit millions of dollars to the Crown - but he ll get to keep his home, bach and a vintage car. Stephen Borlase, the head of roading contracting business Projenz, was jailed in 2017 after what became New Zealand s largest ever bribery prosecution.