21 Mar 2011

Woman faces new charges over Westpac millions

4:30 pm on 21 March 2011

A Rotorua woman who allegedly left New Zealand when Westpac bank mistakenly loaded a $10 million overdraft facility into her partner's business account has reappeared in court facing new charges.

Kara Hurring pleaded not guilty to 32 charges, of which 24 were new, when she appeared in the Rotorua District Court on Monday.

The alleged offences occured in 2009. Ms Hurring and her then partner, Chinese national Hui Gao, are accused of transferring $6.782 million into other accounts before leaving New Zealand for Hong Kong.

Ms Hurring was arrested on her return to New Zealand in February and has been charged with money laundering.

The new charges against her relate to money spent in Auckland before the trip to Hong Kong.

About half the money has been recovered, but nearly $4 million is still missing, as is Hui Gao.

Ms Hurring has been remanded on bail to reappear on 29 April.