Thursday, April 5, 2012  Bridgecorp Directors guilty  The Crown
says it will seek longer prison sentences for two Bridgecorp
directors than have been seen in any finance company case so
far. Fellow Bridgecorp director Peter Steigrad was found guilty
on six charges and not guilty on four. Justice Geoffrey Venning
said "imprisonment is inevitable" for Petricevic and Roest and
has remanded the pair in custody until sentencing. Petricevic
will be sentenced on April 26 and Roest on May 18. Both
Petricevic and Roest asked to be bailed so they could gather
with family that had recently returned from overseas, however
Justice Venning said that was an insufficient reason to keep the
pair from jail. Petricevic's lawyer Charles Cato gathered in a
private meeting room with his client's family and friends after
Petricevic was led into custody. Steigrad will be bailed to
travel between New Zealand and his home in Australia where he
has "particular personal circumstances" to attend to. He will be
sentenced on May 18. Steigr