Zipmex review appears to clear CEO over Babel Finance investments gone sour

Zipmex review appears to clear CEO over Babel Finance investments gone sour by Yogita_Khatri5

Zipmex commissioned an independent legal review of its capital deployment procedures, and that review has found that no single individual had an “overriding influence” over its decisions.

Some insiders had reportedly blamed Zipmex CEO Marcus Lim for the company’s exposure to Babel Finance worth $48 million.

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