News

SFO to appeal Capital + Merchant verdict

Wednesday 22nd of August 2012

Capital + Merchant directors Neal Nicholls and Wayne Douglas were found not guilty at a trial in July on charges related to the non-disclosure of alleged related party lending of about $14.4 million,  involving a Palmerston North development known as ‘The Hub Properties'.

However, the pair, together with fellow director Owen Tallentire, were found guilty following a second trial on...

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