Lawyers in act for Rod Petricevic, ex-Bridgecorp chairman were backward in today the High Court at Auckland this moment to place the brass tacks for a fight approximately a $2.25 million imbursement to a family cartel linked with Petricevic and his spouse Mary. As per the liquidators of Navigator Finance a group managed by Bridgecorp's directors where the Navigator lend the RM Petricevic Family Trust $2.25m during 1988 that has not been reimbursed.

An appeal by Bridgecorp’s ex-Director Bruce Davidson has been discarded by the High Court. Mr. Davidson, who was a Director of six firms in the Bridgecorp group, was barred from being a director, promoter or manager of a business for two and a half years, when the group crumpled in 2007.

It is the second time that the Serious Fraud Office (SFO) case has been adjourned that is against the former Bridgecorp Directors, Rod Petricevic and Rob Roest. Managing Director, Mr. Petricevic and Chief Financial Officer, Mr. Roest, belong to the failed finance Company, and are charged with the deceptive acquisition of a $1.8 million luxury boat, which they attained by using Bridgecorp investors' money.

Held under charges of deceitful acquisition of a luxury vessel worth, Bridgecorp Chief, Rod Petricevic and Finance Director, Rob Roest, appeared in court today. The charges were imposed on the two by Serious Fraud Office.

They both were held last month for the alleged use of investments worth $1.8 million for the buyout of luxury yacht, the Medici.

At the High Court of Auckland, additional charges have been filed today, against earlier Bridgecorp Directors, Rod Petricevic and Rob Roest, by the Crown. Last month also, Petricevic and Roest were under charges by the SFO for allegedly exploiting $1.8 million of Bridgecorp funds to buy and preserve the Medici, a sumptuousness yacht.

A magnificent start and payments of more than $1 million are at the centre of additional accusations filed against Bridgecorp Directors, Rod Petricevic and Robert Roest.

The Serious Fraud Office charges that the luxury boat 'Medici' was purchased deceitfully utilizing $1.8 million of Bridgecorp money, and that Bridgecorp also shelled out money for its working costs.