3 mins to read SFO files charges against former Sacred Hill chief executive Richard Foddy faces 18 charges of false accounting. Nicholas Pointon Tue, 02 Jun 2026 © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. The Serious Fraud Office has filed charges against former Sacred Hill Vineyards chief executive Richard Foddy for allegedly cooking the company’s books. In a statement this afternoon, the SFO alleges Foddy inflated the value of the company’s inventory
between the years ending 2017 and 2019 to Want to read more? It’s easy. Choose your subscription Already have an account? Login Smartphone Only Subscription NZ$29.95 / monthly Monthly Premium Online Subscription NZ$49.95 / monthly Smartphone Only Annual Subscription NZ$299.00 / yearly Yearly Premium Online Subscription NZ$499.00 / yearly Premium Group Membership 10 Users NZ$385+GST / monthly $38.5 per user – Pay by monthly credit card debit Premium Group Membership 20 Users NZ$660+GST / monthly $33 per user – Pay by monthly credit card debit
Premium Group Membership 50 Users NZ$1375+GST / monthly $27.5 per user – Pay by monthly credit card debit Premium Group Membership 100 Users NZ$2100+GST / monthly $21 per user – Pay by monthly credit card debit Yearly Premium Online Subscription + NBR Marketplace NZ$999.00 / yearly Individual Group membership NBR Marketplace Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499). View terms and conditions. Nicholas Pointon Tue, 02 Jun 2026 Contact the Writer: nicholas@nbr.co.nz News tip? Question? Typo? Let
us know: editor@nbr.co.nz © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. Sacred Hill Richard Foddy Karen Chang Rees Logan Free News Alerts Sign up to get the latest stories and insights delivered to your inbox – free, every day. Related News General Business Sacred Hill’s $30m overstatement The SFO is (probably) investigating Sacred Hill General Business ‘Arrogant self-entitlement’: former Sacred Hill boss put on blast Professional Services PwC partner was ‘severely reprimanded’ for
Sacred Hill audits General Business Former Sacred Hill directors handed hefty bans
Serious Fraud Office, SFO, Sacred Hill, Richard Foddy, false accounting, inventory, 2017, 2018, 2019