Hubbard is dead

I suppose it is one way to avoid prosecution for fraud.

Embattled Timaru financier Allan Hubbard died yesterday after a serious crash north of Oamaru.

Mr Hubbard’s wife Jean, 82, who was driving their car when it collided head-on with a four-wheel-drive utility towing a trailer, was also in Dunedin Hospital with what police described as “fracture injuries”.

The crash happened on State Highway 1 at Richmond at about 1pm yesterday.

Mr Hubbard, 83, was understood to have suffered life-threatening injuries, but died on his way to hospital.

However, the hospital issued a statement last night saying the Hubbard family had asked for privacy and it would not be making any “patient status updates”.

“The family will not be making any comments to the media and ask that their wishes please be respected during this time.”

A police communications spokesman said the 40-year-old driver of the utility, Andrew John Earl, of Nelson, was assessed by doctors and discharged from hospital with cuts.

Mr Hubbard suffered multiple injuries and was flown by helicopter to Dunedin Hospital, police said.

His wife suffered fracture injuries and was taken to Dunedin Hospital by ambulance.

I wonder if the statutory managers will cough the dough for the funeral.

  • Trevor Malard

    You seem to share Coddington’s taste.

  • diabolos

    Unbelievable. This post and the one preceding it – are a slippery slope into a very dark place mate. One from which one day, there may well be no retreating. You may end up stuck there for good. I am amazed how brutish behaviour and nastiness on blogs and in media circles is excused – because the authors are either “fiercely intelligent” or well liked.

    Its like the worst aspects of South Auckland (as promoted) – dressed nicely and with better diction and cars. They get away with it – and it gets to be seen as intelligent forthright discourse.

    • Orange

      @diabolos You diatribe is completely out of proportion to the post being responded to. Hypocrit.

      Anyway, have to agree with peterwn

  • peterwn

    I commented on this on Kiwiblog. Of course the Statutory Managers should release funds for an appropriate dignified funeral. They should then negotiate to buy his estate for a few million (plus house) to go to his widow, so she and the family are released from the whole messy business and can get on with their lives with dignity. His estate is insolvent or he would not be in administration. This would also in my opinion be the most economic way of dealing with the whole sorry mess.

    • Samuel Finsbury

      You have failed to mention the ordinary hard working citizens who trusted the man and lent him their hard earned cash. Where do they fit into your irrational and emotive squeeling?

  • Brendan

    Funeral costs are part of the expenses of the estate. He should have enough cash around to pay for a funeral. I imagine the statutory manager would pay out if there were no assets, otherwise he could end up with a dead body on his hands.

  • TitanUranus

    Seriously, Mallard can`t spell his own name?

    Gotta say I suspected suicide when I read the news .

    • http://wonderfulnow.blogspot.com/ Jacqueline

      Same here.

      According to The Herald, the accident happened on a “straight and usually safe stretch of road.”

      • http://brickysworld.blogspot.com/ Bricky

        Do you honestly believe these folk would have consciously taken out another road-user in executing a plan to end it all? Get real. Those who know them deny vehemently they would knowingly be involved in shonky business practices. But murder? Shame on you.

  • chrisp1968

    Oh I don’t know Whale….Fidelity Life might pay for yours…
    No class at all dude, you really are still living at high school, trying to be the BMOC….

  • http://pukeko.net.nz/blog Chris

    According to ODT, wife was driving and Hubbard was the passenger.

  • Fiona

    His wife was driving – surely you’re not suggesting murder/attempted suicide??? Pretty poor taste, I agree. Being a car crash though, ACC will fund a funeral grant…

  • Arthur

    Karma.

  • Pingback: Hubbard passes - a very sad end to an ultimately tragic saga | mydeology | mydeology

  • John Fraser

    Dont be a complete arsehole Cam, some times its better to be thought a dumb arsehole than post a blog and prove it.Hubbard was charged by your troughing mates National lead by a money market dealer,key,and you are spitting in the face of hubbard?
    ps cam how did key the shonky money marked dear increase his wealth by $5000000 in on year???????rorting troughing corrupting,bribes so dont piss on Mr Hubbard,
    YOU HAVE A PAST

    • http://whaleoil.gotcha.co.nz Whaleoil

      slow down on the typing or avoid typing in a mad rage, you may find coherence will be found.

  • John Fraser

    Cam your post hurts me,it really hurts me , you cheapen your self, and the whaleoil
    experiance.

    • http://whaleoil.gotcha.co.nz Whaleoil

      You’ll get over it. I actually dialed back my post, you should have seen it before.

  • John Fraser

    Sorry Cam a good companion(canine) past in the last week and the pain rips me,but i stand bye my last post 4.02

  • Sym Gardiner

    The reality is Whaleoil hasn’t said anything the MSM newspapers haven’t implied and what anyone here hasn’t thought (if you are really honest).
    Its sad Hubbard has gone out this way. His detractors miss out on potentially nailing him in the courts. His defenders potentially miss out on seeing him walk exonerated. So everyone is unhappy. Which when you think about it, might just be for the best.

  • Bronwyn

    Have to agree Cam, this appears to be in bad taste… regardless of what people think, the Hubbards have family, who deserve to have their father treated with respect as one would hope people would do to you or anyone else in this position. And besides, who said the Hubbards are at fault? Straight road, towing a trailer at high speed, moments inattention, cross the medium line and end up in front of an 82 year old whose reactions aren’t the quickest….. Let’s not jump to assumptions.

  • Richard

    Hubbard made himself very popular using other people’s money – some allege fraudulently. Hard to have respect for a man who has cost the taxpayer a fortune, and has significantly undermined confidence in local investments.

  • whalewatcher

    the Hubbards may have been committing suicide-by-carcrash. It is more common than people realise, especially in the elderly – this is a fact, not being ghoulish

  • Daniel

    Ummmm what ever happened to innocent until proven guilty? Some of you should look up the New Zealand Bill of Rights Act 1990. All the judgement on Hubbard, from people that are meant to defend human rights. Isn’t it a potential tragedy that Hubbard wont get the opportunity to defend himself? Instead of being remembered for the millions he made people in that past, the employment and good he gave to the community, he is going to be judged based on findings he doesn’t even get the opportunity to defend himself against.

    The financial crises (and the effects of it), is a (are) very complicated issue(s), and passing judgement based on hindsight views is very unethical.

    @ Richard
    “some allege fraud­u­lently. Hard to have respect for a man who has cost the tax­payer a for­tune”

    How much has he cost the tax payer? Given there hasn’t been a court case, he is yet to be found guilty for any charges (and they have now been dropped). Furthermore, how much tax has he contributed personally, and as a result of profits he has generated in the past? Or taxes paid as a result of employment he created? Have you allowed for this before you passed judgement? Obviously not.

  • Daniel

    Ummmm what ever happened to innocent until proven guilty? Some of you should look up the New Zealand Bill of Rights Act 1990. All the judgement on Hubbard, from people that are meant to defend human rights. Isn’t it a potential tragedy that Hubbard wont get the opportunity to defend himself? Instead of being remembered for the millions he made people in that past, the employment and good he gave to the community, he is going to be judged based on findings he doesn’t even get the opportunity to defend himself against.

    The financial crises (and the effects of it), is a (are) very complicated issue(s), and passing judgement based on hindsight views is very unethical.

    • Sarah

      I agree with your opinion Daniel- Allan Hubbard was treated appallingly !! his basic human rights were violated, he was abused and ridiculed in the media and under comment sections…. The Kerry Grass report on Scoop- makes for very interesting and disturbing reading- the action against Hubbard was “unlawful” and materially flawed….I am far more disappointed in the sort of people that abuse and condemn and think it is ok for someone to be denied natural justice….. media are a disgrace and told NZ half the story and it was a story!!  Aorangi was never insolvent- in fact the opposite was the case.. read the report :(

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