CBL Insurance Fraud Defendant Dies Before Trial – NZ Herald

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.

You Might also Like

China Cybersecurity Body Says US Hack Stole Tech Secrets - SCMP

Nvidia Looking Into How Its Chips Ended Up In China

Apple 'Discussing AI Rollout in China With Tencent, Bytedance'

India Looking at Possible Trade Deal With Trump, Sources Say