A court has frozen £150m of assets belonging to the owner of the collapsed Prax Lindsey oil refinery, an oil tycoon whose whereabouts have been a mystery since the plant’s sudden financial implosion earlier this year.
Administrators sifting through the wreckage of five companies in the Prax empire are suing Winston Soosaipillai, better known by his middle names Sanjeev Kumar, for breach of his duties as a director after the energy group’s failure.
