ODT

North OtagoFebruary 13

Hubbard crash: South Otago man charged

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.

NationalFebruary 12

SCF fraud accused all named

The case against five people charged with committing New Zealand's biggest white-collar fraud went back to court this morning and now all defendants' names are known and a date was set for the next stage.

BusinessFebruary 12

Name suppression lifted in South Canterbury Finance case

All five defendants in the Serious Fraud Office prosecution of South Canterbury Finance associates have now been identified.

BusinessOctober 13

Hubbard supporters slam SFO boss over slur

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.

DunedinJune 20

Lawyer vows to clear Hubbard

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

BusinessApril 15

Directors called for Hubbard's resignation

South Canterbury Finance's three independent directors played a pivotal role in ousting company founder Allan Hubbard from the company's board last May.

BusinessApril 15

Opinion: Govt fails in its dealing with collapse of SCF

The Government has failed the test of openness and transparency when it comes to dealing with the failure of South Canterbury Finance, a failure which could yet cost taxpayers more than $1 billion.

BusinessApril 14

Collapse of SCF was predicted

The collapse of South Canterbury Finance last year appears to have been unavoidable, according to documents released by Treasury yesterday. But deletions in the documents prevent a more conclusive picture.

BusinessMarch 2

SCF assets value could diminish

The value of some of failed South Canterbury Finance's assets may be downgraded as a result of last week's devastating earthquake in Christchurch.

BusinessJanuary 23

Hubbard seeks review of statutory management

Allan Hubbard and his supporters have written to Commerce Minister Simon Power asking for a review of the decision to put him in statutory management.

BusinessDecember 15

Controlling stake in Dairy Holdings on offer

The receivers of South Canterbury Finance are joining two other major shareholders in Dairy Holdings to market a controlling stake in the South Island dairy farm owner.

BusinessNovember 5

More Hubbard firms to receivers

Two more companies of South Canterbury Finance founder Allan Hubbard have been placed in receivership to better manage control of the failed group.

BusinessNovember 2

Fate of unsecured creditors unclear

The receivers of failed South Canterbury Finance cannot give any indication if unsecured creditors - possibly owed more than $8 million - will be paid.

BusinessOctober 19

SCF fraud inquiry launched

Failed South Canterbury Finance is in the Serious Fraud Office's sights after the SFO launched an investigation into "related party transactions" which may not have been disclosed to the Government.

BusinessOctober 15

Offer for SCF "not ... best”

Duncan Saville's reported $1.3 billion offer for South Canterbury Finance, timed to coincide with its receivership on August 31, appears to have been rejected after Treasury received advice that the deal was not necessarily the best one it could get, documents released yesterday suggest.

BusinessOctober 15

SCF investors to be repaid on Wednesday

Failed South Canterbury Finance's 35,000 investors will be repaid the $1.6 billion capital and interest they are owed next Wednesday, following the company's receivership in late-August.

BusinessOctober 1

Private investigators for Hubbard task?

The complex web of loans and investments associated with South Canterbury businessman Allan Hubbard took a new turn yesterday with the statutory managers revealing a private investigator may be used to track down some borrowers.

BusinessSeptember 23

Payments made to SCF bond holders

First payments towards a total $350 million owed to South Canterbury Finance's bond holders started yesterday - 25 days after the southern lending giant was placed in receivership owing $1.6 billion to 35,000 investors.

BusinessSeptember 19

Meeting in support of SCF's Hubbard

People attending a public meeting at the weekend vowed to keep fighting to clear the name of South Canterbury Finance founder Allan Hubbard, as receivers reveal they have had 150 inquiries in less than three weeks from potential purchasers of group assets.

BusinessSeptember 12

Government role in SCF best result for investors

The receivership of South Canterbury Finance under the Government Retail Guarantee scheme is the best solution for the investors.

OpinionSeptember 7

The moral hazards of that other quake

After the shock came the earthquake.

BusinessSeptember 6

Recievers prepare to sell SCF companies

The sale of South Canterbury Finance has started with receivers calling for expressions of interest for the purchase of its assets.

OpinionSeptember 3

Govt scapegoated over SCF payout

An announcement from the Vatican is surely due any day now such is Timaru's relentless beatification of Allan Hubbard, a man supposedly so broke he can still apparently afford the top-dollar advice of a top-flight Wellington public relations company.

BusinessSeptember 2

Torchlight first to be repaid in SCF bailout

Business George Kerr's Torchlight Fund No 1 LP was yesterday repaid the $100 million it lent to South Canterbury Finance.

BusinessAugust 29

Government holds key to survival

South Canterbury Finance - potentially facing a $1.7 billion receivership tomorrow - yesterday remained hopeful last-minute negotiations would deliver an 11th-hour lifeline to the southern lending giant.