FORMER SeaRoad executive Troy Pannell is to spend more time behind bars after being convicted for contempt of court.
Pannell, 48, appeared in the Supreme Court of Victoria before Justice Andrew Watson.
He received an 11-week jail term for illegally selling assets and breaching court orders.
He has been in custody for the past eight weeks and with time served he is expected to be out in late August.
The contempt charges related to his selling shares in a racehorse and failing to make asset disclosure affidavits relating to a freezing order.
Pannell previously had warrants out for his arrest after failing to attend court to face allegations he ripped off his former employer, SeaRoad Shipping, to the tune of $8.7million.
It is alleged he diverted funds supposedly for container repairs to a company of which he was the sole director.
The repairs are also alleged not to have occurred.
The matter has generated national headlines due to Pannell’s prior career as an AFL umpire, officiating in finals (but never a grand final).