The identity of the co-accused in the fraud case linked to the collapse of insurer CBL has been revealed as Carden Mulholland, the firm’s former chief financial officer.
The name suppression order for Mulholland, 47, lapsed at 3pm on December 14, according to a report by the New Zealand Herald. Earlier this month, the Court of Appeal thumbed down his third bid to extend name suppression, after being denied in the District Court and High Court.
Both the Court of Appeal and the Supreme Court did not receive any further application to conceal Mulholland’s identity, the report said.
Mulholland and former CBL chief executive Peter Harris were charged by the Serious Fraud Office in the aftermath of the liquidation of CBL. The collapsed insurer owed over $179 million to its creditors and was involved in several transactions that violated New Zealand’s financial regulations. At the time of its collapse, CBL was valued at around $747 million.
Harris’s and Mulholland’s trial is scheduled for September 2021.
