Wimbledon star Boris Becker accepts bankruptcy extension

Tennis star Boris Becker has had his bankruptcy restrictions extended following an investigation into his assets, it has been revealed.
The Wimbledon champion was declared bankrupt on 21 June 2017 after private bank Arbuthnot Latham ordered Mr Becker to pay back almost $14 million (£11 million).
The bankruptcy order led to the auction of the former tennis professional’s trophies and memorabilia, worth an estimated £200,000.
But investigators began to look into undisclosed transactions before and after bankruptcy proceedings, totalling over £4.5 million.
According to reports, lawyers acting for the creditor claimed that Mr Becker had not “cooperated fully” with them by not providing “full and accurate information” about his assets. These allegedly related to two German properties, a property in London, an interest in three Mercedes dealerships, and various tennis collectables.
After concluding its investigation into the missing assets, the Insolvency Service pursued extended restrictions to prevent Mr Becker “causing further harm to his creditors”.
Mr Becker accepted a 12-year extension order last month, with the order now lasting until 16 October 2031.
Commenting on the report, Anthony Hannon, Public Interest Official Receiver for the Insolvency Service, said: “Bankrupts have a duty to fully cooperate with their trustee and where this has been frustrated, a bankruptcy restriction undertaking of commensurate length must reflect that conduct.”

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