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Media Counsel liquidation draws to a close, as Wynyard comes under SFO microscope
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The Media Counsel hit the skids back in February 2010. And in the fifth six-monthly report, liquidators McDonald Vague are in no doubt as to what caused it: “The reason for the company’s failure lies solely with [Glenda Wynyard’s] action of removing funds from the company to fund her own lifestyle”. And as a result, Wynyard’s conduct is currently being investigated by the Serious Fraud Office.