Murder suspect sued over missing investor funds

A former venture capital tycoon who has been charged with murder in Namibia is being sued in the UK over the disappearance of almost R1.3bn in investor funds. Harvey Boulter is currently awaiting trial in Namibia for murder over allegations he shot dead his South African game park manager. He is charged with murder, possession of a firearm without a licence, illegal possession of ammunition and attempting to defeat the course of justice all connected to the shooting. A report on the Fin24 site notes that the liquidators of medical technology firm Enigma Diagnostics allege that Boulter used its money for his own benefit, including a payment to a British super car manufacturer. The funds moved through law firm DLA Piper’s bank accounts, the liquidators’ lawyers said in documents filed at the UK High Court. Boulter made his fortune running Porton Capital, a now shuttered $670m investment firm that raised money for venture capital style deals.

Full Fin24 report