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The public hearing to consider the Alderney Gambling Control Commission’s (AGCC) decision to suspend the licences of Full Tilt Poker will resume on 19 September at 9am at the Riverbank Park Plaza Hotel in London the regulatory body has announced today, four days later than originally planned.
As a result of the unsealing of an indictment against 11 individuals on 15 April, including some connected to FTP, alleging bank fraud, money laundering and illegal gambling offences, the AGCC suspended the licences of the companies collectively trading as Full Tilt Poker including Vantage Ltd, Oxalic Ltd, Filco Ltd and Orinic Ltd, and on 26 July, began a public hearing to consider allegations arising from the investigation.
The hearing, however, was adjourned later that morning following the decision of AGCC Commssioners that it was in the best interests of the players using FTP’s services to allow the tribunal to be delayed until 15 September “at the latest”. At the time the Commissioners, led by Isabel Picornell, said the AGCC would delay proceedings to give the beleaguered brand more time to finalise a sale, however since then no sale has materialised, nor the names of the potential investors examining the business.
SOURCE - READ ENTIRE ARTICLE HERE
As a result of the unsealing of an indictment against 11 individuals on 15 April, including some connected to FTP, alleging bank fraud, money laundering and illegal gambling offences, the AGCC suspended the licences of the companies collectively trading as Full Tilt Poker including Vantage Ltd, Oxalic Ltd, Filco Ltd and Orinic Ltd, and on 26 July, began a public hearing to consider allegations arising from the investigation.
The hearing, however, was adjourned later that morning following the decision of AGCC Commssioners that it was in the best interests of the players using FTP’s services to allow the tribunal to be delayed until 15 September “at the latest”. At the time the Commissioners, led by Isabel Picornell, said the AGCC would delay proceedings to give the beleaguered brand more time to finalise a sale, however since then no sale has materialised, nor the names of the potential investors examining the business.
SOURCE - READ ENTIRE ARTICLE HERE