MF Global CFO Denies Knowledge Of Fund Transfer Breach

Law360, New York (March 26, 2012, 6:46 PM EDT) -- MF Global Holdings Ltd.'s chief financial officer plans to testify before a U.S. House of Representatives subcommittee investigating the company's collapse that he had no involvement with the transfer of money from segregated customer accounts, according to prepared remarks released Monday.

“While I am deeply distressed by the fact that customer monies have not yet been fully repaid, I unfortunately have limited knowledge of the specific movement of funds at the U.S. broker-dealer subsidiary, MF Global Inc., during the last two or three business days prior...
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