Assets of Webster family frozen as investigations into 79th Group continue
A court has granted a worldwide freezing order (WFO) covering the assets of the directors of Southport-based 79th Group.
Counsel for the administrators of a number of 79th Group companies obtained the freeze of their assets, an asset disclosure order and the surrender of passports of the directors.
Barrister Eloise Hewson from Essex Court Chambers said the parties to the case were “alleged to have fraudulently misappropriated c. £200 million in company assets”.
In court last week to hear the application were David Webste... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
