ASIC wants Merlin Diamonds wound up over $13M in unauthorised loans
Energy & Natural Resources 2019-05-14 10:25 pm By Cat Fredenburgh | Melbourne
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The Australian Securities and Investments Commission wants ASX-listed diamond mining company Merlin Diamonds wound up, expressing concerns about the company’s solvency and over $13 million in loans made to companies associated with Merlin’s director, Joseph Gutnick, without shareholder approval.

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