Thanks VOM1T, very interesting article which upon reading, then one can not fail to have grave concerns insofar as to the recoverability of £35M. In simply extracting info such as
So the unprofitable bank is not much use to E-Clear; last year it even had to increase the bank’s capital, putting in €3m (£2.7m).
then such sums are unlikely to have come from company profits / accumulated reserves more likely "borrowed" from working capital & unlikely to be recoverable.
No doubt when eventually full information is obtained, then there may be many other such "appropriations"
