Life After Politics
He retired from politics at the 1999 elections. He was made a Knight Companion in the New Zealand Order of Merit on 31 December 1998, for services as a Minister of the Crown and Member of Parliament.
On 24 February 2012 he was convicted, along with fellow former-Justice Minister Bill Jeffries and two other men, of breaching the Securities Act by making untrue statements to investors in his capacity as a director of Lombard Finance. The judge wrote, "I am satisfied that the accused genuinely believed in the accuracy and adequacy of the ... documents" but that the offences were ones of strict liability so there was no need for "any form of mental intent to distribute documents that were false or misleading". Graham was sentenced to 300 hours' community service and ordered to pay $100,000 in reparation. Debate has also arisen as to whether he should forfeit his knighthood.
Read more about this topic: Doug Graham
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