Hibernian Society - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Tue, 16 Aug 2016 04:23:01 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Hibernian Society - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 New proposed Erskine development: what's changed since 1992? https://cathnews.co.nz/2016/08/16/plans-restore-erskine-chapel/ Mon, 15 Aug 2016 17:01:36 +0000 http://cathnews.co.nz/?p=85754

Another plan has been put forward to earthquake strengthen and restore the chapel of the Sacred Heart in Island Bay Wellington. The plan is part of a proposed $30 million 94-townhouse development. Councillor Andy Foster, chairman of the transport and urban development committee, said early estimates that put the costs of the houses between $500,000 Read more

New proposed Erskine development: what's changed since 1992?... Read more]]> Another plan has been put forward to earthquake strengthen and restore the chapel of the Sacred Heart in Island Bay Wellington.

The plan is part of a proposed $30 million 94-townhouse development.

Councillor Andy Foster, chairman of the transport and urban development committee, said early estimates that put the costs of the houses between $500,000 and $700,000 might appeal to first-home buyers.

Previous owners of the Erskine site, the Hibernian Catholic Benefit Society put forward a plan to build and sell houses for under $1000,000 and also to preserve the grounds and save the chapel says a former manager of the Hibernians in a letter to the editor in Saturday's DomPost.

He asks why Foster opposed that plan.

Councillor Nichola Young, who is an alumna of Erskine College, when asked to comment said that because of the the earthquakes in Christchurch, "seismic issues very different now."

The Erskine complex was purchased by the Hibernians in 1986.

They parcelled off land around the edges of the site and sold it for residential housing.

The Hibernian Society planned to eventually develop the Erskine site as a retirement village.

In 1992, however, the Hibernian Society submitted an application for resource consent to strengthen the chapel walls, which would be needed if the other part of the proposed work was carried out: the demolition of the main convent building.

This proposal stirred up a huge amount of feeling amongst the community. and gave rise to the formation of the Save Erskine College Trust.

Read more about this

Reaction to the present proposal.

In response to an inquiry the Save Erskine College Trust Inc said, " a general statement will be made via our website and/or Facebook in due course"

Island Bay Residents Association president Vicki Greco said the association was pleased the Cassels' company had decided to make plans available.

It would allow the community to talk about any issues that arose around the plans she said.

Heritage NZ central region general manager Claire Craig said the organisation hoped to maintain a "constructive dialogue" with Cassels about his proposal.

"We also look forward to hearing the views that the council, as decision maker, receives as feedback from the community on the proposal for the chapel and the removal of the main building."

A council spokesman said it received a formal application for the development only last week.

"Our planners still have several weeks in which to consider the application - which is complex. If consent is given, then the developer will have 12 months to get the project under way."

The Erskine College site was declared a special housing area in April 2015.

The 2013 Housing Accords and Special Housing Areas Act stipulates a streamlined consenting timeframe, including a reduction in notification provisions and appeal rights.

Source

New proposed Erskine development: what's changed since 1992?]]> 85754 $200k for Hibernian fraud victims https://cathnews.co.nz/2012/10/23/200k-for-hibernian-fraud-victims/ Mon, 22 Oct 2012 18:30:03 +0000 http://cathnews.co.nz/?p=35515 Victims of a major employee theft at the Hibernian Catholic Benefit Society could get an early Christmas present after a settlement was reached with insurers. A letter to members from Gordon Stewart, the Wellington lawyer who became president of the society in July, revealed that its former fidelity insurers had agreed to pay out $200,000. Read more

$200k for Hibernian fraud victims... Read more]]> Victims of a major employee theft at the Hibernian Catholic Benefit Society could get an early Christmas present after a settlement was reached with insurers.

A letter to members from Gordon Stewart, the Wellington lawyer who became president of the society in July, revealed that its former fidelity insurers had agreed to pay out $200,000.

Pending talks with liquidators, there could be a payment to members made in December. Mr Stewart said it was unclear how the insurance proceeds would be split between the society and the separate, but related, credit union - which faced the bulk of the losses - but he expected it would be proportional to the losses incurred.

Read more

$200k for Hibernian fraud victims]]> 35515 Civil claim laid against Hibernian Credit Union auditors https://cathnews.co.nz/2012/04/27/civil-claim-laid-against-hibernian-credit-union-auditors/ Thu, 26 Apr 2012 19:30:29 +0000 http://cathnews.co.nz/?p=24002 A civil claim against auditors of the Hibernian Credit Union, which is in liquidation as a result of a massive employee fraud, is set to be launched within weeks. Lawyers for both the credit union's liquidators, and those acting for the still-solvent Hibernian Catholic Benefit Society, are in the final stages of preparing a claim Read more

Civil claim laid against Hibernian Credit Union auditors... Read more]]> A civil claim against auditors of the Hibernian Credit Union, which is in liquidation as a result of a massive employee fraud, is set to be launched within weeks.

Lawyers for both the credit union's liquidators, and those acting for the still-solvent Hibernian Catholic Benefit Society, are in the final stages of preparing a claim against Grant Thornton, the long-term auditors for the related but separate organisations.

Susan Terri Hagai, of Titahi Bay, was jailed for more than four years in November after pleading guilty to stealing more than $1.3 million from the credit union and benefit society over several years.

The conviction followed a joint police and Serious Fraud Office investigation.

Continue reading

Civil claim laid against Hibernian Credit Union auditors]]> 24002 Damages claims key to Hibernian funds recovery http://www.stuff.co.nz/timaru-herald/business/6426085/Damages-claims-key-to-Hibernian-funds-recovery Mon, 20 Feb 2012 18:30:12 +0000 http://cathnews.co.nz/?p=19445 Depositors in the fraud-hit Hibernian Credit Union face losing around two-thirds of their investment unless liquidators pursue damages claims, possibly through the courts. In late January, at the request of the Registrar of Friendly Societies, John Fisk and Jeremy Morley of PricewaterhouseCoopers were appointed liquidators. Hibernian was defrauded by its former accounts manager, Susan Hagai, Read more

Damages claims key to Hibernian funds recovery... Read more]]> Depositors in the fraud-hit Hibernian Credit Union face losing around two-thirds of their investment unless liquidators pursue damages claims, possibly through the courts.

In late January, at the request of the Registrar of Friendly Societies, John Fisk and Jeremy Morley of PricewaterhouseCoopers were appointed liquidators.

Hibernian was defrauded by its former accounts manager, Susan Hagai, who in October was jailed for four years and two months after pleading guilty to the long-running theft. Hagai admitted she may have stolen up to $1.5 million over seven years.

Damages claims key to Hibernian funds recovery]]> 19445 Fraud victim dumbfounded by kindness http://www.stuff.co.nz/dominion-post/news/5884589/Fraud-victim-dumbfounded-by-kindness Thu, 03 Nov 2011 18:30:48 +0000 http://cathnews.co.nz/?p=15054 A fraud victim, who is a pensioner that lost half her savings, says she is "dumbfounded" by the response to her plight, which has resulted in strangers insisting on sending her money. Alola Frederickson, 73, became the face of the Hibernian Credit Union fraud last week, after she delivered a short victim-impact statement in Wellington Read more

Fraud victim dumbfounded by kindness... Read more]]> A fraud victim, who is a pensioner that lost half her savings, says she is "dumbfounded" by the response to her plight, which has resulted in strangers insisting on sending her money.

Alola Frederickson, 73, became the face of the Hibernian Credit Union fraud last week, after she delivered a short victim-impact statement in Wellington District Court during the sentencing of Susan Terri Hagai.

 

Fraud victim dumbfounded by kindness]]> 15054 Theft forces Catholic credit union into liquidation http://www.radionz.co.nz/news/regional/89438/theft-forces-catholic-credit-union-into-liquidation Mon, 31 Oct 2011 18:30:08 +0000 http://cathnews.co.nz/?p=14849 A Catholic credit union faces liquidation because of a former employee's theft of more than $1 million from its accounts. Susan Hagai, 44, was sentenced in the Wellington District Court on Friday to four years and two months in prison, having pleaded guilty last month to five charges of fraud.

Theft forces Catholic credit union into liquidation... Read more]]> A Catholic credit union faces liquidation because of a former employee's theft of more than $1 million from its accounts.

Susan Hagai, 44, was sentenced in the Wellington District Court on Friday to four years and two months in prison, having pleaded guilty last month to five charges of fraud.

Theft forces Catholic credit union into liquidation]]> 14849 Hibernian Fraudster stole $1.2m over six years http://www.3news.co.nz/Fraudster-stole-12m-over-six-years/tabid/423/articleID/226902/Default.aspx Thu, 22 Sep 2011 19:30:48 +0000 http://cathnews.co.nz/?p=11926 Over a period of six years while working for a national church society, Hibernian Susan Hagai pocketed more than $1.2 million from its members. On Thursday, Hagai admitted a charge of obtaining by deception in the Wellington District Court.    

Hibernian Fraudster stole $1.2m over six years... Read more]]> Over a period of six years while working for a national church society, Hibernian Susan Hagai pocketed more than $1.2 million from its members.

On Thursday, Hagai admitted a charge of obtaining by deception in the Wellington District Court.

 

 

Hibernian Fraudster stole $1.2m over six years]]> 11926 Hibernian Fraud: auditors liable? https://cathnews.co.nz/2011/07/01/hibernian-fraud-auditors-liable/ Thu, 30 Jun 2011 19:00:41 +0000 http://cathnews.co.nz/?p=6412

Michael Gibson, who managed the Hibernian Catholic Benefit Society until 2001, thinks the society's auditors are liable if alleged illegal activity had been going on over a long period. Should this be the case the auditors need to cover the losses met by the members, he said. Grant Thornton Auditors' chief executive Wayne Jackson refused to comment Read more

Hibernian Fraud: auditors liable?... Read more]]> Michael Gibson, who managed the Hibernian Catholic Benefit Society until 2001, thinks the society's auditors are liable if alleged illegal activity had been going on over a long period. Should this be the case the auditors need to cover the losses met by the members, he said.

Grant Thornton Auditors' chief executive Wayne Jackson refused to comment on the Hibernian matter. "We don't talk about client affairs."

Last month the Serious Fraud Office (SFO) launched an investigation into allegations of employee fraud at the Hibernian Catholic Benefit Society. The suspected fraud affected both the society and the related Hibernian Credit Union, which is said by its chairman to be in a "precarious" position.

Founded in 1869, the society manages $9.6m of assets on behalf of about 2700 members, providing services including insurance, mortgages and funeral benefits to members and their spouses under the philosophy of "Catholics helping Catholics."

Source

Hibernian Fraud: auditors liable?]]> 6412 Fraud investigation at Hibernian Society https://cathnews.co.nz/2011/06/03/fraud-investigation-at-hibernian-society/ Thu, 02 Jun 2011 19:00:24 +0000 http://cathnews.co.nz/?p=5225

The Serious Fraud Office is investigating the Hibernian Society. A former employee has allegedly stolen more than $1 million from its members over a number of years. Chairman of the Hibernian Catholic Benefit Society Mike McBride says he was "absolutely devastated" when he discovered that a substantial amount of money was missing from the Society's accounts "We're extremely disappointed. I Read more

Fraud investigation at Hibernian Society... Read more]]> The Serious Fraud Office is investigating the Hibernian Society. A former employee has allegedly stolen more than $1 million from its members over a number of years.

Chairman of the Hibernian Catholic Benefit Society Mike McBride says he was "absolutely devastated" when he discovered that a substantial amount of money was missing from the Society's accounts "We're extremely disappointed. I would imagine the other members would also be as gut-wrenched as I am." he said

The Serious Fraud Office and the police have begun investigating the allegations of employee fraud at the following a complaint on Friday.

The friendly society has assets of $9.6 million and about 2800 members. Its credit union offers a range of financial services and mutual assistance to its members, including loans, life assurance, medical and household insurance.

Source

 

Fraud investigation at Hibernian Society]]> 5225