Powa Technologies payments investigated by administrators
Administrators to Powa Technologies are examining payments the e-commerce firm made to offshore vehicles linked to the father and a friend of the founder of the company before it imploded.
It is understood that Deloitte has looked at transactions between Powa, which was set up and led by Dan Wagner, and DBLP Sea Cow, a vehicle linked to Mr Wagner’s father, John, between 2013 and 2015