UT Holdings sued over unpaid ¢51m UT bank loan

The parent company of UT Bank has been sued after it took a ¢51m loan from its subsidiary but has refused to pay. Plaintiff, Pricewater House Coopers which was appointed a receiver of the failed bank said the suit became necessary after the defendant said until court orders so, the money will not be paid. UT … Continue reading UT Holdings sued over unpaid ¢51m UT bank loan