The directors of failed finance company Lombard Finance, including former justice ministers Sir Douglas Graham and Bill Jeffries, have again been refused leave to appeal their convictions.
The directors had applied to the Supreme Court to recall the judgement of the court delivered in October 2013 refusing them leave to appeal against their convictions.
Wellington-based Lombard collapsed in April 2008, leaving about 3600 unsecured investors $111 million out of pocket.
In March, 2012, Lombard directors Graham and Jeffries, as well as Lawrence Bryant and chief executive Michael Reeves were convicted in the High Court of misleading investors in the lead-up to the company’s collapse, by omitting details from a December 2007 prospectus about late loan repayments and falling cash reserves.
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