Former Bridgecorp director jailed

Former Bridgecorp director Gary Urwin, who pleaded guilty to 10 charges of misleading investors, has been sentenced to two years in prison.

Although Urwin's lawyer, David Reece had pushed for a sentence of home detention, Justice Pamela Andrews, in the High Court at Auckland, today said this would not be appropriate.

Urwin originally went to trial with fellow Bridgecorp directors Rod Petricevic, Rob Roest and Peter Steigrad, but then changed his plea to guilty.

The latter trio were convicted last month after a long trial and are awaiting sentence.

 

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