KEY POINTS:
Bridgecorp chairman Bruce Davidson was clearly unhappy with the media attention surrounding his appearance in the Auckland District Court yesterday.
Criminal proceedings brought against directors of the failed finance company have been delayed until April 21.
Executive director Rod Petricevic and Robert Roest were to have appeared in court for a depositions hearing on charges under the Securities Act and the Companies Act. The charges allege the pair signed a false prospectus and made untrue statements in an advertisement.
Three other Bridgecorp directors, Davidson, Gary Urwin and Peter Steigrad, facing similar charges, were remanded by the registrar after entering no plea. Their case is also due before the court again on April 21.
Bridgecorp collapsed in 2007 owing nearly 14,500 investors almost $460 million. Investors could get back as little as 13c in the dollar.
