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Stanford returns to haunt ECB, et al

Posted: Thu Feb 03, 2011 12:59 pm
by Huckle
The ECB is facing legal action to return around £2.2 million (US$3 million) received from the disgraced financier Allen Stanford, according to a report in the Daily Telegraph.

Receivers acting for creditors of the collapsed Stanford empire are pursuing a number of sporting bodies which had dealings with Stanford.

"There has been a running fear in the ECB that the receiver could come after them, and this could be the knock on the door they have been dreading for two years," a source familiar with the Stanford deal told the newspaper.
source

What about the WICB, the Standford Legends, etc ?

Re: Stanford returns to haunt ECB, et al

Posted: Thu Feb 03, 2011 3:47 pm
by BallOil
Huck...this is interesting turn of events.. do you think they will actually collect?