Prax Group’s outstanding debt to UK’s HM Revenue & Customs had been part of recent talks between the company and the government, the Financial Times reports, citing people familiar with the matter.
- Which Prax company owes the money, or whether it relates to one or several entities, is unclear, FT adds
- HMRC said it could not talk about individual businesses
- Vladimir Langhamer, Prax’s managing director for Europe, did not immediately respond to the FT’s request for comment
- NOTE:
Prax’s Lindsey Oil Refinery in Northern UK Faces Liquidation - NOTE:
Husband-and-Wife Team’s Bold Foray Into Oil Refining Crashes
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