DIRECTORS TO PAY
THE KREUGER TOLL FRAUDS. SUM OF £13,500,000 ORDERED. DAMAGES FOR SHAREHOLDERS. (United Press Association—Copyright) (Received This Day, 10.10 a.m.) /STOCKHOLM, November 29. Four directors of the Kreuger Toll Company—one of whom died since the case began—have been ordered, to pay £13,500,000 damages in respect to their responsibility to the shareholders. M. Kreuger, who committed suicide by stepping out of an aeroplane while flying over the English Channel, was the head of a Swedish match company and a number of other allied companies. Investigations made subsequently revealed that the majority of the companies were hopelessly insolvent and shareholders the world over lost large sums of money.
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Bibliographic details
Ashburton Guardian, Volume 56, Issue 42, 30 November 1935, Page 5
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108DIRECTORS TO PAY Ashburton Guardian, Volume 56, Issue 42, 30 November 1935, Page 5
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