A former director of a failed finance company has had his sentencing for misleading investors delayed for a second time.
Former National Finance director Anthony David Banbrook appeared in the High Court at Auckland today after earlier pleading guilty to a charge of signing a company prospectus which included untrue statements.
The charge, laid by the Financial Markets Authority, carries a maximum penalty of five years in prison or fines of up to $300,000.
Sentencing was set down for today at the High Court in Auckland.
However, the case will now go to a disputed facts hearing after Banbrook's lawyer Harry Waalken QC raised objections to several points in a summary of facts previously agreed by his client.