Receivers close Torchlight shell bank account
PLUS: Investigation continues into the transfer of assets to a Cayman Islands limited partnership.
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Hawke’s Bay
Receivers have closed a bank account belonging to a retired Torchlight fund previously managed by Pyne Gould Corporation after finding just $55 in it.
Meanwhile, they continue to investigate the transfer of assets from the fund to a Cayman Islands limited partnership in December 2012.
Torchlight
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Duncan Bridgeman
Wed, 18 Feb 2015
Wed, 18 Feb 2015
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Receivers close Torchlight shell bank account
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