close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
5 mins to read

CBL chair ‘didn’t have control’, court hears

Former RBNZ acting governor Grant Spencer gives evidence in fraud trial of insurer’s former managing director and CFO.

Former acting Reserve Bank governor Grant Spencer.

Tim Hunter Wed, 03 May 2023

A promise by CBL chair Sir John Wells that the company’s breach of Reserve Bank directions would not happen again cut little ice with the insurance regulator, the High Court has heard.

Giving evidence in the fraud trial of CBL managing director Peter Harris and CFO Carden Mulholland, then RBNZ

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter Wed, 03 May 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
CBL chair ‘didn’t have control’, court hears
Law,
98855
true