Bridgecorp directors Rod Petricevic and Robert Roest have been in court again today, this time on charges brought by the Serious Fraud Office (SFO).Messrs Petricevic and Roest, the managing director and chief financial officer of the failed finance compan
Bridgecorp directors Rod Petricevic and Robert Roest have been in court again today, this time on charges brought by the Serious Fraud Office (SFO).
Messrs Petricevic and Roest, the managing director and chief financial officer of the failed finance company, appeared in Auckland District Court charged with the allegedly fraudulent acquisition of a $1.8 million luxury boat using Bridgecorp investors' money.
Mr Petricevic also faced a separate charge of making allegedly dishonest payments of $1.2m of Bridgecorp funds to a business entity called ABb.
They are set to reappear in Auckland District Court on July 19.
The charges are in addition to several laid under the Crimes Act, Companies Act and Securities Act under which they have already been committed to trial.
The pair were in court last week, where they were committed to trial on six new charges laid under the Crimes Act and two under the Companies Act laid following alleged false statements.
Mr Petricevic and Mr Roest, in addition to former Bridgecorp directors Gary Urwin, Bruce Davidson and Peter Steigrad, also face 10 charges under the Securities Act.
All charges -- bar those brought by the SFO -- are set to be heard by a judge alone at a 12-week trial set to start on July 4 next year, unless an application is made to hear them separately.
Bridgecorp collapsed in 2007, owing thousands of investors almost $460 million.
