KEY POINTS:
The former boss of collapsed company Access Brokerage goes on trial today on Serious Fraud Office charges involving $3.9 million.
Peter Marshall, who was head of the Wellington-based company when it folded in 2004, faces 14 charges of false accounting.
Marshall, 61, had earlier asked the High Court in Wellington for a review of the district court judge's decision to not stay the trial on the basis of his ill health.
But the court dismissed the review, saying the district court judge had considered all the arguments properly.
Access, an online brokerage, went into liquidation in September 2004 after an alleged $5 million shortfall in client funds was discovered.
The shortfall was discovered when Access's founder Bill Garlick was running the business while Marshall was on sick leave.
Around 10,000 investors were left with a total of $43 million frozen in the brokerage's trust account, which was eventually freed by the bank involved, the BNZ.
- NZPA
