Breaking news: Police focus on Mr and Mrs Magoo
Timaru herald reporting:
The Serious Fraud Office is expected to make an announcement on the investigation into Allan and Jean Hubbard within the next hour.
The Timaru Herald understands charges are to be laid against the couple, a year to the day after they, along with their company Aorangi Securities, Hubbard Management Funds, and seven charitable trusts were placed into statutory management by the Government on June 20. An SFO investigation was launched the following day.
Finally. I wonder how many of his fans (and since they were bailed out by the Crown there would still be quite a few) will still be his fans once the SFO makes their case?
These financial cases are boring and undramatic, so personally I'm hoping that Mr Hubbard tries to make a getaway in his old VW - one of those slow-mo pursuits like OJ Simpson.