And investigations into what was claimed to be a deficient audit of the company by BDO were ongoing.
Creditors had gathered to hear an update of the progress being made by the joint liquidators against the company, which had been known as RG Falla until just before it went into liquidation in March 2023.
Leonard Gerber of the joint liquidators said that the allegations were all being investigated and he would be handing a report on them to the police next week.
One claim, which he said was ‘just the tip of the iceberg’ involved that some of the directors had chartered a private jet to go from Guernsey to San Sabastian in Spain, where they allegedly stayed at a top-end hotel and dined at fine restaurants.
‘Given that many people in…