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

The FMA's most expensive trial yet?

What an Official Information Act request reveals.

Dane Ambler Tue, 19 Mar 2019

The Financial Markets Authority spent about $4.2 million pursuing former Viaduct Capital and Mutual Finance directors Paul Bublitz, Richard Blackwood and Bruce McKay in court over two trials.

The FMA confirms the case was one of the Crown’s most costly.

According to documents obtained by

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The FMA's most expensive trial yet?
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