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Director of collapsed commodities trader fights US$14mn UBS lawsuit

The former director of a collapsed UK commodities trading company has hit back at claims by UBS that he allowed company funds to be siphoned off to family members after it became insolvent. UBS alleged in a UK High Court suit last year that Vincom Commodities director Anil Kumar breached his fiduciary duties by supplying . ....

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UBS Sues Director Of Defunct Commodities Co. For $14M

UBS has sued the director of a now-collapsed commodities trading company in a London court for $14 million for allegedly breaching his duties by moving money out of his business's accounts to his relatives despite defaulting on payments to creditors. ....

City Of , United Kingdom , Anil Kumar , Vincom Commodities Ltd , High Court , Najiyya Budaly , Vincom Commodities ,

UBS Sues Director Of Defunct Commodities Co. For $14M

UBS has sued the director of a now-collapsed commodities trading company in a London court for $14 million for allegedly breaching his duties by moving money out of his business's accounts to his relatives despite defaulting on payments to creditors. ....

City Of , United Kingdom , Anil Kumar , Vincom Commodities Ltd , High Court , Najiyya Budaly , Vincom Commodities ,