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Regulator aims for 95% repayment for investors in frozen ANZ/ING funds
Wednesday 21st of July 2010
The regulator directed the $45 million settlement to go to about 80% of the 15,000 investors to help top up repayments to 95 cents in the dollar. The other 20% who don't get a payment have already, or are likely to, have received more than 95% of their principal already.
"The payment approach fulfils the commission's stated intention...
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