1 Dec 2011

Further delay for Bridgecorp trial

12:20 pm on 1 December 2011

The Bridgecorp trial is to be delayed yet again.

Three former directors of the failed finance company are on trial for a series of fraud charges after the company collapsed in 2007, owing investors more than $450 million.

The trial at the High Court in Auckland has been plagued by a series of delays, mostly associated with changes to counsel and applications for legal aid.

The hearing was initially due to start in July, eventually began in October and has already faced several adjournments.

The court decided on Thursday that after two more witnesses give evidence next week, the case will be adjourned until 23 January because one of the defence lawyers, Brian Keene QC, is sick.

Brian Keene is representing former non-executive director Peter Steigrad.