Kiwi investor Sir Ron Brierley has pleaded guilty to possessing child sexual abuse material in Sydney, according to local reports.
According to the Sydney Morning Herald, Sir Ron pleaded guilty to three of 17 charges in the Downing Centre Local Court on Thursday morning. The remaining charges were withdrawn.
The report states while Sir Ron admitted to possessing some of the images, there is disagreement over the exact number of images found on the former corporate raider’s devices.
A sad end to his career but even sadder for the victims of child sexual abuse who end up being traumatized by people trading in photos of their abuse.
It is now inevitable his knighthood will be rescinded, as it should be.