Hanover directors face SFO probe
The directors of failed company Hanover Finance are to face questions as part of a Serious Fraud Office probe, the office confirmed yesterday.
The directors of failed company Hanover Finance are to face questions as part of a Serious Fraud Office probe, the office confirmed yesterday.
Hanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."
A successful shareholders campaign has pushed former Hanover Finance chair Greg Muir from the board of listed clothing retailer Pumpkin Patch.
The Securities Commission has nearly completed their inquiry into the Hanover Group and may lay criminal charges in the new year.
Forget Hanover - what matters is chairman's performance now.
A rogue finance company boss bought secret life insurance cover on hundreds of unwitting people - to win a $500,000 jackpot every time one of them died. Their families received $20,000.
The Statutory Managers for Hubbard's say investors could receive only 60 per cent of what was on their March 2010 statements.