PETALING JAYA:
Baker Tilly Insolvency PLT has rejected allegations of impropriety or manipulation in its role as liquidator in the winding-up of Mines Waterfront Business Park Sdn Bhd, calling the claims “baseless”.
Baker Tilly stressed that the liquidation of MWBP is a direct consequence of the creditors of the company enforcing their legal rights.
It said the directors and shareholders of MWBP had been fully aware throughout that the firm’s outstanding indebtedness, including amounts owed to a secured lender, was significantly higher than the…