Liquidators to extend investigation into SA bitcoin trader
Global investors to lodge claims after being unable to redeem funds from Mirror Trading International
15 January 2021 - 08:40
The investigation into a failed SA bitcoin trader is deepening as provisional liquidators appointed to seize control of Mirror Trading International (MTI) seek to widen the scope of their inquiry.
The temporary overseers are wanting to extend their powers to include the right to call witnesses to an insolvency inquiry, appoint investigators and solicit information from banks, said Herman Bester, one of four interim supervisors appointed to begin work on the matter. These controls are not typically granted by courts to liquidators acting in a provisional capacity...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.