BANK OF BURMA.
RECKLESS DIRECTORS. By Cable—Press Association—Copyrigkt. London, February 9. Renter's Bombay agent states that the liquidator of the Bank of Burma reports that -the management was grossly reckless, and that the funds were used practically entirely for the purposes of two directors. It is unlikely the shareholders will receive anything. Bombay has suffered to the extent of sixty lakhs of rupees. The Indian depositors arc demanding a prosecution.
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https://paperspast.natlib.govt.nz/newspapers/TDN19120212.2.42
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Taranaki Daily News, Volume LIV, Issue 192, 12 February 1912, Page 5
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70BANK OF BURMA. Taranaki Daily News, Volume LIV, Issue 192, 12 February 1912, Page 5
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