“The case was concerned with alleged Ponzi-style fraud based on a supposedly ethical investment scheme in respect of teak plantations in Brazil. Investors were alleged to have lost around £30 million and the allegations led to both disqualification proceedings against the directors of the company in question and a criminal investigation and prosecution by the Serious Fraud Office. The present judgment related to an application by the Official Receiver to the Bankruptcy Court for permission to supply to the SFO an affidavit and exhibit made by one of the two company directors in opposition to the disqualification proceedings ...”
ADDED Monday 9th November 2020
