Dennis Oland's second-degree murder trial Nov.6
CBC News | Posted: November 6, 2015 1:24 PM | Last Updated: November 6, 2015
Dennis Oland was spending about $14,000 a month more than he made at the time of his father's death
The second-degree murder trial of Dennis Oland continues today in Saint John.
At the time his father Richard Oland was killed, Dennis Oland was spending about $14,000 a month more than he earned.
Eric Johnson of Public Works Government Services Canada, acting as a forensic auditor for the Saint John police, showed Oland's chequing account to the court Thursday, which had overdraft protection of $2,000, was in the red by $1,622.38 on July 7 2011.
Dennis Oland's Visa limit increased from $5,000 in 2009 to $27,000 in 2011. On July 7, 2011, his credit card balance was $31,210.
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His personal line of credit also increased from $15,000 in 2009 to $35,000 in February 2010.
As word spread that Oland was a suspect in his father's death, some of his clients at CIBC Wood Gundy left, the court heard.
Returning to his advisory role became "increasingly difficult," as defence laywer Gary Miller put it, and he was forced to take a retirement buyout.
After his father's death, Oland received $100,000 for serving as co-executor of his will and $50,000 as trustee for a fund set up for his widowed mother, Connie, the trial heard on Wednesday.