First International Bank of Grenada founder Van Brink stripped $4.5 million of assets out of the bank not long before it went bust, according to its liquidator.In his third report to creditors dated June 1, 2002, Marcus A. Wide, of PricewaterhouseCoopers, reported that details of the asset transfers were contained "unsigned minutes from FIBG's June 2000 Board of Directors meeting".
Articles Banks & Trusts Featured First International Bank of Grenada Fraud Grenada Investment Michael Creft St. Vincent & the Grenadines Uganda USAJuly 31, 2002
FIBG stripped of assets just before collapse, says liquidator
20 years ago
TopicsBanks & Trusts Fraud Grenada Investment St. Vincent & the Grenadines [ 2 more... ] [ top 5 ]
KeywordsAfrican Union Reserve System Alain Bain Anglo Irish Bank Capital Bank International Cynthia Hastey
First International Bank of Grenada Gilbert Ziegler Gordon Ziegler James Ziegler Lawrence Jones Marcus Wide Marion Suite McDonald Jeremiah Michael Creft National Commercial Bank Nigel Francis Nsimbe Ideal Home Presto Telecommunications PricewaterhouseCoopers Ralph Sherman Raquel Bain Reynold Benjamin Richard Downes Rita Regale Robert Skirving Roy Baisden[ 21 more... ] [ top 5 ]