Although in the case of Planet42, which ran a car rental business in Africa and absorbed millions of Estonian investors, the focus has so far been on ethical issues and the self-regulation of the investor community in the case of payment difficulties and restructuring, according to Äripää, the legal background should not be neglected. Covered the company’s financing model published in Eesti Ekspres article did not so much contain new details as emphasized the legitimate question of whether and in which case supervisory bodies should have intervened. In other words, does the responsibility extend beyond the creators and promoters of the loan model.
Source: www.aripaev.ee
