RYAN ANDERSON/Stuff
The Auckland High Court
Russians, Italians, and the former owner of the Leeds United Football club want their $17m back from a small Auckland company.
NF Global, directed by Auckland resident Claude Oberto, has been given until April by the High Court in Auckland to repay entities connected to the international businessmen.
Associate Judge Roger Bell, in a judgment released this week, said the company’s balance sheet showed it owed customers $11m and had a negative equity.
“Creditors in this case are some $16.8m…it may be wondered how many other customers NF Global has besides those in this case,” he said.
NF Global was set up in 2009 and runs an online platform for the international transfer of funds with…
Read the full article at: https://www.stuff.co.nz/national/124457488/nf-global-must-find-17m-to-avoid-liquidation-by-international-depositors
