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‘Family link’ in Forum Group sale By Sarah Kendell 22 July 2021 The businesses at the centre of a $200 million alleged fraud against Westpac have been sold to a technology company owned by a man believed to be one of the alleged fraudsters’ cousins. In a statement, Forum Group administrators Mackay Goodwin said the group of businesses had been sold “under highly challenging circumstances” to Our Kloud, “an established innovative technology solutions provider serving small and large enterprises across Australia and New Zealand”, the administrator said. Our Kloud has been mentioned in Westpac’s proceedings against liquidated Forum Group subsidiary Forum Finance as a provider of server technology to the firm, with the bank’s lawyer, Jeremey Giles, having noted Westpac’s concerns at the group’s delay in providing crucial information from Forum Finance’s computers.

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