But a report from the bankruptcy trustee filed this week paints a different picture of an executive closely involved as the firm’s liquidity was stretched and it began tapping into customer accounts to help fund operations.
Congressional investigators have flagged the discrepancies and said they plan to examine them further.
“We’re looking closely at all aspects of the MF Global collapse … We’ll be paying close attention to any apparent inconsistency in Mr. Steenkamp’s testimony,” said Republican Representative Randy Neugebauer.
via Former MF Global CFO under scrutiny over conflicting statements | Reuters.