The Director of a company which was to provide rare earth metals to clients has been disqualified from acting as a director for 10 years.
Mr Elisha Zinyama, Director of Rare Earth Metal Exchange Limited was found to have failed to procure the metals for which payment had been made. In addition, the company continued to take orders which it knew it could not fulfil.
The company went into liquidation with debts amounting to over £3.5 million.
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