SILVER FRAUDS
SUIT AGAINST BANK DIRECTORS
B/ Telegraph -Press Association —Copyright (Received July 14, 1 a.m.) BOMBAY, July 13.
In connection with the silver frauds in 1913, the liquidator of the Indian Specie Bank has brought a suit against nine of the directors of the bank claiming £1,110,000 sterling, the amount of the bank’s losses on silver, speculation and other impudent transactions,. also £155,000 for dividends and bonuses wrongfully paid out of capital.
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Bibliographic details
New Zealand Times, Volume XL, Issue 9095, 14 July 1915, Page 8
Word Count
73SILVER FRAUDS New Zealand Times, Volume XL, Issue 9095, 14 July 1915, Page 8
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