SURPRISE TURN

Nelson Evening Mail, Volume LXVI, 3 September 1934, Page 2

SURPRISE TURN

SYDNEY ROYAL COMMISSION ARRAIRS OF COMPANIES DENIAL BY LIQUIDATORS (United Press Association—By Electric Telegraph—Copyright) /Received 3rd September, 1.55 p.m.) SYDNEY, This Day. Thera was a surprise turn in the proceedings of the Royal Commission when Robert Harold Cummings, co-liquidator of the Primary Producers’ Bank, tendered himself as a witness, saying that he had travelled front Brisbane for the purpose of making certain denials. He denied that the liquidators had ever supplied lists of the bank s depositor to agents of the Southern British National Trust, but added that an employee hud confessed ho had supplied the information. “It. was a very great surprise to mo to read that any of the lists had ever ccen opt of cur hands. Also that individuals had'been acquainted with who were the creditors and what amounts were due to them. Any lists or information supplied is a- breach of our employees’ agreement.” Questioned by counsel for co-liquida-tors, 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 ror them to make further inquiries before transferring deposits.