20:51 Fire fighters will move to "mop up operations" in Otago tonight after a series of large vegetation fires across the region.

19:06 A welfare centre has been set up for residents evacuated from their homes Dunedin's Saddle Hill due to a massive out of control fire.

17:50 Police have confirmed a person has appeared in the Levin District Court in relation to the disappearance of Alex Fisher in a Horowhenua Forest.

17:34 New Zealander Fergus Chetwin-Kelly is fighting for his life in Cluj, Romania after suffering an electric shock while taking photos with friends.

17:29 Several hundred residents of seven streets near the scene of the Mosgiel fire are preparing to be without power overnight.

Fri, 20 Jul 2012

Convicted Capital and Merchant executives cynical

interest.co.nz boss Bernard Hickey tells RadioLIVE's Marcus Lush Directors of Capital and Merchant look set to be jailed after being convicted of charges relating to the collapse of the finance company owing 7,500 investors NZ$167 million. The SFO said Capital and Merchant was as bad as anything in the collapse of finance companies and involves directors making deeply cynical claims and opaque statements that allowed them to put money in places investors didn't expect.

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