Kreuger Liabilities £108,000,000
ASSETS ONLY £19,000,000 United Press Association—By Electric Telegraph—Copyright. Received Monday, 9.50 p.m. LONDON, May 23. The Daily Telegraph’s Stockholm correspondent says the provisional balance-sheet of the Kreuger-101l Company to March shows the assets to be £19,000.000 ancl the liabilities £57,000,000. The committee also estimates that in Kreuger’s personal estate the direct debts are £28,000,000, in addition to liabilities, through guarantees of other people's engagements, of £23,000,000, representing a total of £51,000,000. Krenger’s assets are small.
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Manawatu Times, Volume LV, Issue 6866, 24 May 1932, Page 7
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78Kreuger Liabilities £108,000,000 Manawatu Times, Volume LV, Issue 6866, 24 May 1932, Page 7
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