10 Aug 2014

Embezzlement case back to High Court

7:49 pm on 10 August 2014

The Court of Appeal has ruled a case involving a New Zealand man accused of embezzling money from his American employer while working in China, will have to head back to the High Court.

Court of Appeal

Photo: RNZ

Jason Dean was employed by the marketing company, Americhip, from 2003 to 2012.

The company accuses him of defrauding it of about $12 million ($US10 million) and using about $2 million of that to buy a property in Auckland with his partner last year.

Americhip issued a proceeding against its former employee in the New Zealand High Court to try to recover the money.

But the High Court said it lacked the jurisdiction to hear and determine the claim.

Americhip appealed, and the Court of Appeal has now found the High Court should hear its claim.