Investors give up on $A12m claim against Macquarie
Court file reveals payments to Latvia, Russia, Vanuatu, Panama and Curacao.
Tim Hunter
Thu, 05 Sep 2019
Hot Topic
Hawke’s Bay
Investors suing Macquarie Bank over an alleged $A12 million ($13m) fraud have thrown in the towel as the costs of pursuing their case became too great.
The group of 51 investors filed their claim in New Zealand in October 2015 but have never had the case heard in court after the bank, known
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Tim Hunter
Thu, 05 Sep 2019
Contact the Writer: thunter@nbr.co.nz
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Investors give up on $A12m claim against Macquarie
Law,
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