Bridgecorp trial delayed further
Rod Petricevic expecting good news on Friday.
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The long awaited Bridgecorp Finance directors trial was today further adjourned until October 10.
The Financial Markets Authority brought the case alleging Bridgecorp directors Rod Petricevic, Rob Roest,Gary Urwin, Peter Steigrad and Bruce Nelson Davidson, breached the Securities Act by making untrue statements in investment statements and registered prospectuses in December 2006.
Rod Petricevic continues to represent himself but told Justice Geoff Venning he expected to get good news from Legal Aid officials on Friday.
Fellow director Mr Roest, who was granted legal aid last Thursday, wil be represented by crime barrister Paul Dacre.
Bridgecorp collapsed in 2007 owing 14,000 investors $459 million.
A separate trial to hear a Serious Fraud Office case against Mr Petricevic and Mr Roest has been delayed until the FMA prosecution is concluded.
Jock Anderson
Wed, 07 Sep 2011
Wed, 07 Sep 2011
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Bridgecorp trial delayed further
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