Allan Hubbard

Investors in the Hubbard Management Fund (HMF) have received their first payment since it was frozen in statutory management 21 months ago, just before southern lending giant South Canterbury Finance began unravelling.

A man is due to appear in court on Friday charged in connection with the crash that claimed the life of South Canterbury Finance founder Allan Hubbard.

A man is due to appear in court on Friday charged in connection with the fatal crash that claimed the life of South Canterbury financier Allan Hubbard.

Supporters of Allan Hubbard are calling for the head of the Serious Fraud Office to be dismissed after revelations that he handed out copies of the financier's book as a "booby prize'' at a staff Christmas party.

The generous and humble nature that Allan Hubbard showed many people throughout his life was remembered at a memorial service in Timaru yesterday afternoon.

Crown lawyers and officials met yesterday to discuss the fraud case of Timaru businessman Allan Hubbard following his death in a car crash on Friday.

Allan Hubbard's sudden death has jeopardised a proposal by Auckland businessman Tur Borren to negotiate a commercial settlement to the Hubbard statutory management.

Tributes have begun to flow for financier Allan Hubbard, who died after a head-on car crash yesterday which also seriously injured his wife.

Timaru financier Allan Hubbard's first court appearance on 50 fraud charges has been adjourned for almost two months.

Allan Hubbard could face up to 10 years in jail if found guilty on charges laid by the Serious Fraud Office.