Dubber is making inquiries about what role a North Melbourne law firm played in the movement of its funds after the ASX-listed call recording software group warned investors on Friday that the money “may have been applied for other purposes”.
Sources said Christopher William Legal had acted as a third-party trustee for the funds, some $30 million which Dubber said was “not currently available to the company”. It is not suggested that the firm acted illegally, only that this is an avenue Dubber is pursuing.