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Blackshield Fund Management rejects SEC s claims on bailout delay

Blackshield Fund Management rejects SEC s claims on bailout delay
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Don t blame Finance Ministry for delay in payment of bailout funds to Gold Coast customers - SEC

It rather said in a statement that “The delay is principally due to the legal action by Blackshield/Gold Coast contesting the liquidation petition brought by the Official Liquidator (Office of the Registrar of Companies) at the request of SEC following the revocation of licences. The SEC will continue to support the Official Liquidator in pursuing the liquidation petition in court.”

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