BDO steps up investigation of E-Clear
Administrator looks at what happened to money
BDO is to investigate whether funds from E-Clear the stricken card payment
processing group, were dirverted into other businesses.
Debt to creditors at E-Clear stands at around £100m, according to the
Daily Telegraph, but only
£100,000 was available in company accounts when administrators took over.
of Globespan, the collapsed budget airline, calculates E-Clear may have held
on to £35m in payments. Other cleints of E-Clear include Bridge Group
International and Totally Travel.