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The Lehman millions: Did a crooked Hyderabad company and a Hong Kong fund share the spoils of a $50-million investment?

Updated : December 04, 2018 12:35 PM IST

Hong Kong fund SSG Capital Management and Kyko Global of Canada are engaged in a fierce battle over an investment made by Lehman Brothers in Hyderabad-based Prithvi Information Solutions.
Kyko Global said it found that the Hyderabad company was owed $22.9 million by SSG Capital and its unit Value Team Corporation thanks to a series of transactions executed by these entities.
SSG Capital, which has a significant presence and ambitions in India, said it is owed money by Prithvi and does not owe money to any other entity.
The Lehman millions: Did a crooked Hyderabad company and a Hong Kong fund share the spoils of a $50-million investment?

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