Leo Gao, the so-called runaway millionaire, will remain in custody over Christmas.
No judge was on duty in Rotorua yesterday to hear his bail bid.
Gao and his then partner, Kara Hurring, are alleged to have fled New Zealand in May 2009 after Westpac mistakenly gave him a $10 million overdraft instead of $100,000.
Gao faces 17 charges of theft relating to almost $6.8 million. One is a joint charge with Hurring. The remaining charges, eight of them joint, relate to money laundering.
Yesterday, defence lawyer Ron Mansfield had planned to apply for bail but Gao was remanded in custody after his appearance in the Rotorua District Court because there was no judge sitting. Police are expected to oppose his bail application at his next hearing on January 5.
The 30-year-old was arrested in Hong Kong in September and returned to New Zealand with police on Wednesday. He appeared in the Manukau District Court later that day.