Viaro Energy boss wins court case over North Sea ‘asset-stripping’ claims

Q: How long will it take to read this news story?

The story "Viaro Energy boss wins court case over North Sea ‘asset-stripping’ claims" has 687 words across 26 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Viaro Energy boss wins court case over North Sea ‘asset-stripping’ claims" was covered 2 weeks ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 0 news stories per day. It's most recent story was published 1 days ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24173147</li><li>URL: https://beamstart.com/news/viaro-energy-boss-wins-court-17335063778650</li></ul>

Financial Times 2w ago

Viaro Energy boss wins court case over North Sea ‘asset-stripping’ claims - Financial Times

Quick Summary:

The declared dividend cancelled out an identical sum due to be paid from the parent to the operating company, meaning no cash changed hands.

Separately, a case lodged in the High Court in November claimed Mazzagatti forged board documents to steal at least €143.8mn from his former company, Singapore’s Alliance Petrochemical and Investment.

Taqa meanwhile said it remained confident of the reasons that its UK subsidiary, Taqa Bratani, brought the claims.“In consultation with its legal teams, Taqa Bratani will be carefully considering the next steps it wishes to pursue, which includes whether any appeals will be applied for,” it said.