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No Fidentia investor funds went to Panama - curators

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J Arthur Brown.  Photo: Nasief Manie
J Arthur Brown. Photo: Nasief Manie

Cape Town – Fidentia did not stash any investor cash in the Panama entities set up by law firm Mossack Fonseca, curators of the fallen financial services firm revealed on Tuesday.

John Levin, who in August 2014 replaced Dines Gihwala as co-curator with George Papadakis, told Fin24 on Tuesday that, “except for the costs of registration of the foundations, no investor funds were diverted to these entities”.  

READ: How Fidentia fraudster stashed cash abroad – Panama leaks

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