fbpx

Type to search

CBL Insurance Fraud Defendant Dies Before Trial – NZ Herald

Hutchison was a non-executive director when the NZX-listed company collapsed in 2018 with a market capitalisation of $508 million


CBL Insurance
CBL Insurance collapsed in 2018 with a market capitalisation of NZ$747 million ($508 million). Photo: CBL Insurance in Liquidation

 

Alistair Hutchison, one of three men charged by the Serious Fraud Office over the collapse of CBL Insurance, has died, the New Zealand Herald reported.

Hutchison, 83, was a non-executive director when the NZX-listed company collapsed in 2018 with a market capitalisation of NZ$747 million ($508 million).

Read the full report: New Zealand Herald.

 

READ MORE:

New Zealand Plans Lifetime Ban on Cigarette Sales

 

New Zealand Central Bank Looks At Future of Cash

 

New Zealand Central Bank Faults Westpac Risk Governance

 

 

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

logo

AF China Bond