25 Feb 2011

Woman in court over theft of Westpac millions

3:01 pm on 25 February 2011

Police have charged a woman whom they claim fled the country with her boyfriend and millions of dollars from Wespac bank.

Kara Hurring arrived back in New Zealand on Friday monring and appeared in the Manukau District Court charged with theft and money laundering offences.

The theft happened after Westpac accidently loaded a $10 million overdraft facility onto the business account of Hui Gao.

Police say Hui Gao and Kara Hurring transferred more than $6 million into other accounts and then fled to Hong Kong.

They say while Ms Hurring voluntarily returned to New Zealand, her move was prompted by police activity.

While some of the funds were recovered, $3,872,000 has not.

Police say they are working with law enforcement authorities in Hong Kong and mainland China and are still trying to speak with Hui Gao.

Ms Hurring has been bailed to a South Auckland address and is due to reappear in court in March.