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The Prime Minister has decided that Sir Douglas Graham will keep his knighthood despite his recent criminal conviction.
Sir Douglas was one of four Lombard Finance directors convicted of making false statements in a company prospectus.
All four appealed their convictions, but were rejected by the Supreme Court last week.
John Key has today announced that after a lot of thought on the matter, he has decided Sir Douglas will keep the Sir in front of his name.
"I took into account the on-going f...