N.S.W. COMPANIES ENQUIRY

Greymouth Evening Star, 3 September 1934, Page 8

N.S.W. COMPANIES ENQUIRY

BANK LIQUIDATOR’S DENIALS. [by cablk—press assn.—copyright.] (Received September 3, 2.30 p.m.) - . SYDNEY, September 3. There was a surprise turn in the proceedings of the Royal Commission when Robert Harold Cummings, of the * ' Primary Producers’ Bank, tendered • himself as a witness, saying he had travelled from Brisbane for the purpose of making certain denials. He denied that the liquidators had ever supplied lists of the Bank’s depositors to agents of the Southern British National Trust, but added that an employee had confessed he had supplied the information. “It was a very great surprise to me to read that any lists had ever been sent out of our hands. Also that individuals had been acquainted with who were creditors, and what amounts were due to them. Any lists on information supplied is a breach of our employees’ agreement.” Questioned by counsel, for the coliquidators, Cummings said he had frequently been asked for advice by depositors, and had always told them he knew little about the Southern British National Trust, and that it would be best for them to make further inquiries before transferring deposits.