Cooper gets eight years for HIH bribes

Former FAI Security Group chairman Brad Cooper has been sentenced to a maximum of eight years in jail on 13 fraud and bribery charges relating to dealings with the collapsed insurer HIH Ltd. Mr Cooper was sentenced after a 44-day trial in 2005. Six charges related to him paying approximately $124,000 to former HIH Finance general manager William Howard to facilitate payments to Mr Cooper and associated entities of $4.9 million, plus the forgiveness of a further debt owed to HIH of $1.79 million.

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