10 Oct 2011

Truth about Hubbard yet to come out, says supporter

9:51 pm on 10 October 2011

A supporter of Allan Hubbard say the truth behind the fraud charges the late financier was facing has not yet come out.

A memorial service was held in Timaru on Sunday to honour Mr Hubbard of failed company South Canterbury Finance who died in a car crash on 2 September.

At the time of his death, the businessman was awaiting trial on 50 charges laid by the Serious Fraud Office.

Investor Noel McPherson helped organise the service and says many of the facts behind the case have not come out.

He says it will be embarrassing for some of government departments behind the charges, but the truth needs to be known for the good of the country.

Mr McPherson says he expects more information will be made public in coming weeks.