HIH director faces committal hearing
Former HIH finance director Dominic Fodera will face a committal hearing in June on charges of authorising a company prospectus without including required information.
The prospectus sought $150 million from investors for a takeover of FAI Insurance even though material in the document was false and misleading.
Mr Fodera appeared in a Sydney court last week and was charged with failing to act honestly as a director in the discharge of his duties and giving false and misleading information.
The hearing is scheduled for June 1 and 2. Other charges will be heard on March 7.