Celebrity trial
IT could be a star-studded turn-out when former TZ Limited boss Andrew Sigalla comes to trial in Sydney.
Sigalla is charged with ripping off the struggling TZ, which makes electronic postboxes, to the tune of more than $6.7 million, most of which went to pay gambling debts to his bookie, Tom Waterhouse.
Yesterday, he was committed to stand trial on the 24 charges, which each carry a penalty of up to five years in the big house and a fine of up to $220,000.
Perhaps the court will hear from Mr Waterhouse? Another person who might have an interesting tale to tell is the bloke who took over after Sigalla, Celebrity Apprentice star Mark Bouris. It was he who had TZ pursue Sigalla over the lost dough back in 2011. At the time, the case was settled before coming to court, depriving shareholders of an explanation of what had gone on during Sigalla’s reign.
The Australian - 25/11
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