Wednesday, 9 June 2010

Stanford Receivers Fired

Vantis Business Recovery Services, which was appointed to liquidate R Allen Stanford-owned lands released by the government, was relieved of its duties by a court ruling on Tuesday.

Caribarena.com received reliable information that the company, along with joint liquidators Nigel Hamilton-Smith and Peter Wastell, are no longer to preside over the sale of Stanford lands.

Attorney General Justin Simon confirmed this on Tuesday night, when Caribarena.com received the information.

Simon said he had not seen the judgment, but it is his understanding that the claimant is to provide three names to the court for a determination on who is the best replacement.

1 comment:

  1. The USA reciver should be appointed.

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