A former North Island mayor has applied for the High Court to dismiss some of the charges he is facing in a Serious Fraud Office and Financial Markets Authority case.
Hugh Edward Staples Hamilton is accused of 19 Crimes Act charges of theft by a person in a special relationship, 11 charges of false statement by promoter, and 11 Companies Act charges of making a false statement to a trustee.
The case is being jointly prosecuted by the SFO and FMA and follows the 2008 collapse of Belgrave Finance.
According to the authorities, Hamilton was a legal adviser to other individuals charged in relation to Belgrave - two of whom pleaded guilty and have been sentenced to jail.
Investors were owed $18.8 million when Belgrave Finance collapsed and have got back 9.8 cents in the dollar to date, according to the latest receivers' report.