The assets of the now defunct Trust Bank are set to be auctioned next week as the liquidator moves to recover creditors funds.
The bank was placed under final judicial management in May 2016 after failing to attract new investment. It had deposits of about $17.7 million at the time of closure in September 2013.
Auctioneer Hammer and Tongues today said it will be auctioning over 50 vehicles and office furniture.
“Duly instructed by Deposit Protection Corporation (DPC), liquidators of Trust Bank Corporation under liquidation, we will sell the ..assets by auction,” said Hammer and Tongues.- The Source
(81 VIEWS)
Four of the world’s largest banks are all in China. Assets of the Industrial and…
Zimbabwe is one of the 27 countries in the world where the richest 0.1% of…
Zimbabwe has been ranked third among the least free countries in Southern Africa but it…
I had always considered it a curse for a wife to die before her husband.…
This is a true story about the challenges and loneliness I faced when my wife…
My first long-form article in booklet form: Why I had a girlfriend two months after…