HIGH FINANCE
KREUGER’S LIABILITIES
IMMENSE TOTALS INVOLVED
LONDON, May 2 3
The “Daily Telegraph’s” Stockholm correspondent says the provisional balance sheet of Kreuger Toll to March shows assets amounting to £19,000,000 and liabilities £57,000,000. The committee also estimates Kreuger’s personal estate direct debts at £28,000,000 in addition to liabilities through guarantees of other
people’s engagements £23,000,000, totalling £51,000,000. Kreuger’s assets are small.
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Bibliographic details
Waipukurau Press, Volume XXVIII, Issue 127, 24 May 1932, Page 5
Word Count
62HIGH FINANCE Waipukurau Press, Volume XXVIII, Issue 127, 24 May 1932, Page 5
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