A former Datasouth Finance Director who admitted to fraud worth $103 million, has been sentenced to eight years in prison.
Gavin Bennett spent millions on wine and women in Sydney, under charges laid by the Serious Fraud Office.
He's been handed a minimum non-parole period of three and a half years.
Serious Fraud Office Chief Executive, Adam Feeley, says Bennett personally benefited from 7.8 million dollars which was spent on renting luxury apartments, paying female escorts and other lavish expenditure.
He says Bennett's crimes were uncovered soon after the Christchurch earthquake, and resulted in 31 people losing their jobs at the worst possible time for the city.