The wife of the bankrupt founder of the Nant whisky and angus cattle investment schemes will be interviewed by the corporate watchdog as part of an ongoing investigation into the saga, the ABC’s Background Briefing has learned.
Key points:
- Nant founder Keith Batt declared bankruptcy in 2015, $16 million in debt
- Whisky and angus cattle investment schemes were based on a very similar model
- Almost 900 investors paid up to $14,000 for a barrel of whisky
Margaret Batt, who replaced her husband Keith Batt as a director of various Nant businesses before he declared himself bankrupt in late 2015, was told on Tuesday that she would have to answer qu…
Read the full article at: http://www.abc.net.au/news/2017-09-14/nant-whisky-founders-wife-asic-interview-over-failed-schemes/8942832
