Swann, a former chief IT officer at Otago DHB, nuskin group was convicted of fraud in 2009 after he defrauded $16,902,000 from the DHB with the help of friend Kerry Harford.

 

On Thursday, the parole board told Swann there was "light at the end of the tunnel" and delayed his hearing until mid July to allow time for the Department of Corrections to approve his release address.

 

The board heard a Christchurch businessman was prepared to employ Swann at his health and bio-tech company upon his release nuskin.

 

The businessman was confirmed to be the person who caused a delay at Swann's last hearing in May, when he sent a letter threatening legal action if Swann wasn't given a favourable outcome, the Otago Daily Times reports.

 

The board told Swann he should not be involved in financial advice or access certain financial information during his new employment.

 

Swann confirmed he could live at a support person's family home nu skin hk, which will now be assessed for suitability.

 

Swann will be advised of the outcome in July.