Vnet sued over alleged securities fraud
Claimed that company directors failed to disclose information that impacted its share price
Claimed that company directors failed to disclose information that impacted its share price
Northstar claims the investor used a fraud case as a pretext to dump the data center builder and take the profits
Move comes as former NSE CEO faces investigation
Barry Stannard paid invoices from the NHS to data center and communications companies he was a director of, and never supplied any services in return
The pair is accused of stealing almost $400,000 in scrap metal during renovation
B-Telecom owner was running a scam, but some local residents saw through the lies