Two high-flying 1980s businessmen were Craig Heatley and Allan Hawkins, shown in May 1984 when the Rainbow Corporation first listed on the stock exchange. Heatley was managing director and Hawkins chairman of the corporation, which eventually owned an amusement park, property, and stakes in many companies in New Zealand and Australia. It was absorbed by Brierley Investments in 1987, but Hawkins’s own conglomerate, Equiticorp, collapsed. For his part in the Equiticorp fall Hawkins was found guilty of fraud and jailed.
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New Zealand Herald
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Sound file from Radio New Zealand Sound Archives Ngā Taonga Kōrero. Any re-use of this audio is a breach of copyright. To request a copy of the recording, contact Sound Archives Ngā Taonga Kōrero (Equiticorp–Hawkins found guilty/Reference number C1080).