Burned investors furious at Rod Petricevic
Bridgecorp investors are furious after revelations that former Bridgecorp boss Rod Petricevic is now living in a $1.5m townhouse in central Auckland just six months after he was released from Jail.
While Petricevic does not own the home, the rent is believed to be around $1000 a week.
Massey University legal expert Chris Gallavin joined Paul Henry to discuss it.
Thousands of investors who were owed $459m when Bridgecorp failed in 2007 have reportedly only received 12 per cent back.