Read the full judgment text of on BabelCite. was delivered on 24 July 1997.
1. On 22 April 1994, Mr Walsh was convicted of fraudulent trading and two counts of theft. He was sentenced to imprisonment for 4 years and 9 months and fined $250,000. The sentencing judge also ordered that Mr Walsh be disqualified as a director for a period of 9 years and 9 months. Mr Walsh appealed, and, on 28 March 1996, the Court of Appeal dismissed his appeal against the convictions, but reduced the imprisonment by one year.