Dennis Oland's second-degree murder trial Nov.6 - Action News
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New Brunswick

Dennis Oland's second-degree murder trial Nov.6

Follow CBC's live coverage of the trial from Saint John.

Dennis Oland was spending about $14,000 a month more than he made at the time of his father's death

Richard Oland waws two months behind in making monthly interest-only payments of $1,666.67 on a $500,000 loan he received from his father following a divorce from his first wife. He also had monthly child and spousal support payments of $4,233 to make, plus all of his other living expenses. (CBC)

The second-degree murder trial of Dennis Oland continues today in Saint John.

At the time hisfatherRichard Oland was killed,Dennis Olandwas spending about $14,000 a month more than he earned.

EricJohnson ofPublic Works Government Services Canada, acting as a forensic auditor for the Saint John police,showed Oland'schequing account to the court Thursday,which hadoverdraft protection of $2,000,was in the red by $1,622.38 on July 7 2011.

DennisOland's Visa limit increased from $5,000 in 2009 to $27,000 in 2011.On July 7, 2011, his credit cardbalance was $31,210.

Hispersonal 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 Gundyleft, the court heard.

Returning to his advisory role became "increasingly difficult," as defence laywer GaryMiller put it, and he was forced to take a retirement buyout.

After his father's death, Olandreceived $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.