NZ Herald2 Jun, 2026 01:33 AMQuick ReadNZ Herald Headlines | US Secretary of Defence slams NZ for ‘freeloading’ on defence, physical restraint incidents rise in schools | Tuesday, June 2, 2026Former Sacred Hill Vineyards executive and director Richard Foddy is facing 18 charges of false accounting after allegedly overstating the value of the company’s inventory in order to secure funding.

The Serious Fraud Office (SFO) alleges Foddy artificially increased the value of Sacred Hill Vineyards’ wine inventory in quarterly stock