Global Stock News

Crypto firm NTC fails in eleventh hour bid to escape final liquidation

Crypto firm NTC fails in eleventh hour bid to escape final liquidation

Crypto firm NTC Global Trade failed last week in its eleventh-hour bid to stave off final liquidation in the Pretoria High Court.

This comes almost exactly a year after the company, previously in business rescue, was placed in provisional liquidation after attorney Bouwer van Niekerk was gunned down in his Saxonwold office.

Van Niekerk represented NTC’s business rescue practitioner Kurt Knoop, who resigned within hours of his attorney’s assassination, citing death threats.

Read:
Crypto firm investigated by slain attorney Bouwer van Niekerk liquidated
Liquidation of crypto firm delayed as director faces R500 000 costs deposit

In a last-minute attempt to avert final liquidation, NTC and its sole director,…

Source link

Share this article

Scroll to Top