Matthew Perrin’s Missing $32 Million

by The Editors on December 18, 2009

We know full well that former Billabong CEO Matthew Perrin no longer has anything to do with the company, but the stories of his bankruptcy just keep coming and they’re getting better and better. Most recently we read this in the The Australian:

IT was the $66 million share sale that eroded Matthew Perrin’s position as chief executive officer of surfgear company Billabong. . . But yesterday the now-bankrupt entrepreneur could not tell a court what his wife Nicole, whom he suggested had received almost $32 million in proceeds from the sale, had done with the cash. . . “It’s her money, she’s entitled to do what she wants with it,” he said.

Maybe she left it in her other purse. . . wonder if Matt looked there?

[Link: The Australian]

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