FMA files charges against former Mutual Finance, Viaduct Capital directors

Fri, 21 Mar 2014

By Paul McBeth March 21 (BusinessDesk) - The Financial Markets Authority has filed charges against five directors of failed lender Mutual Finance and Viaduct Capital, while withdrawing a case against one of them who has since died. The market watchdog has charged the defendants with theft in a special relationship and making false statements in a prospectus under the Crimes Act, and has also filed charges in relation to Viaduct of making false statements to a trustee under the Companies Act, it said in a statement. The Crimes Act charges ca...

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