Rapped over the knuckles by the Reserve Bank for breaching the cap on such loans.

Neville Bennett says a disconnection between sharemarkets and reality means a crash is coming.

"She has accepted that she failed to perform her role as a director and did not take the steps required to ensure she was aware of the true position of the companies." – FMA

Neill Williams, in his late 70s, has been sentenced to three years and seven months' imprisonment.