The court sought the law ministry’s response after going through a statement by the World Health Organisation, which has declared virginity testing as unscientific, medically unnecessary and unreliable.
Germany’s financial market supervisor on Wednesday ordered the closure of Greensill Bank AG for business with customers, citing an imminent risk that the subsidiary of an Australian company will become overindebted.
BERLIN: Germany’s financial market supervisor on Wednesday ordered the closure of Greensill Bank AG for business with customers, citing an imminent risk that the subsidiary of an Australian company will become over-indebted.
Supervisor BaFin said that, in a special forensic audit, it found the bank was unable to provide evidence of the existence of receivables in its balance sheet that it had purchased from the GFG Alliance Group.” GFG Alliance is a conglomerate owned by British tycoon Sanjeev Gupta and his family.
BaFin said it has appointed a special representative…