Showing posts with label GP Noble. Show all posts
Showing posts with label GP Noble. Show all posts

Wednesday, 29 August 2012

Palm Beach down one bankrupt thanks to Interpol

Vanessa Morris-Jackson leaving
Federal Magistrates Court.
Photo: SiN Images
IT'S not often the burghers of Palm Beach have Interpol to thank for curtailing their community's recondite colony of bankrupts.

Usually the insolvency trustee's personal insolvency agreements limit bankrupt populations in exclusive suburbs, but this time the world police can take the credit.

And while the restraint is probably temporary, the fact remains that since July, bankrupt British businessman Tony Morris has been prevented from returning to his clifftop mansion on Whale Beach Road thanks to a so-called "red flag" attached to his passport.

The flag's presence is not so surprising. Until recently the UK authorities believed Mr Morris harboured an immoderate passion for the contents of certain British pension funds.