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Access Brokerage Limited
10th May 2005
Access Brokerage Limited
I have completed my investigation into the financial affairs of Access Brokerage Limited. My investigation was looking to identify whether or not there had been any criminal offending and was quite separate from the review undertaken by the New Zealand Stock Exchange into possible breaches of its internal rules.
The Chief Executive Officer of Access Brokerage Limited, Mr Peter Marshall, has today been charged with 13 counts of false accounting and 2 counts of making a false statement as an officer of Access Brokerage Limited.
These charges arise from the accounting entries and liquidity reports that it is alleged disguised the true financial position of Access Brokerage Limited over several years. No other person is being charged. As is my usual practice I will not be commenting any further on this matter which is now before the Courts for resolution.
DJ Bradshaw Director
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