The directors of multi-level Napier-based fishing giant Hawke's Bay Seafoods won't be facing imprisonment over convictions for multiple breaches of fisheries regulations, according to a statement issued on behalf of the company yesterday.
The company says a "negotiated settlement" had been reached with the Crown just before Christmas, and adds in a statement that none of the directors or management face imprisonment.
At a judge-alone Wellington District Court trial which started in May, scheduled for 16 weeks but taking seven months, the company, directors and brothers Nino and Joe D'Esposito, manager Marc D'Esposito, two associated companies, and four boat skippers, had faced a combined total of 355 charges.
But the statement says the "vast majority" of the allegations against the company were withdrawn during the trial, as were all those against the skippers.
While some offences under the Fisheries Act carry maximum penalties of up to five years imprisonment, and fines up to $250,000, some are punishable by fine only.