KREUGER’S FRAUDS.
EXTEND OVER EIGHT YEARS. COMPANIES MUST GO BANKRUPT. COMMITTEE’S [REVELATIONS. United Press Assn.—Elec. Tel. Copyrl&lit. (Received May 21, 10.50 a.m.) STOCKHOLM, May 20. The Anal report of the investigatory committee shows that Kreuger’s personal debts were £25,000,000 and his liabilities £20,000,000, including £lO,000,000 claimed by the Kreuger Toll Company. Unsecured creditors will receive a negligible payment. The Kreuger companies must go bankrupt. It has been elicited that the frauds extended over eight years.
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Bibliographic details
Waikato Times, Volume 111, Issue 18642, 21 May 1932, Page 5
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75KREUGER’S FRAUDS. Waikato Times, Volume 111, Issue 18642, 21 May 1932, Page 5
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