Read the full judgment text of HCA 002553/1989 on BabelCite. This High Court CFI judgment was delivered on 6 December 1991.
1. The plaintiff company's main complaint is of loss arising out of its having been caused - by the defendants, who are former directors of its and alleged nominees of theirs - to purchase properties at prices grossly inflated by the interposition of bogus intermediaries and to pay bogus commissions on such purchases.
Cited by 2 cases