Moberly Expects Money Resent by Mamtek Next Week

7 years 2 months 1 week ago Saturday, October 08 2011 Oct 8, 2011 Saturday, October 08, 2011 8:09:00 PM CDT October 08, 2011 in News
By: Tong Gao

COLUMBIA - The Finance Director of Moberly Greg Hodge said he has confirmed with the Bank of New York Wire Department that American Sucralose's CEO Bruce Cole's payment of $205,000 was returned to Hong Kong because of a wrong routing number in the international transaction.

They have not been able to resend the money because there is a weeklong national holiday in China.

"We are still very hopeful; we are still trying to make the deal work with him," Hodge said. "Because he's made the initial efforts so we know for a fact that the money was there."

Hodge said they are expecting to receive the money by next week. However, Moberly residents are still not confident about the deal.

Melody Mc Williams said she doesn't think the deal will be done. "A lot of residents are gonna be very disappointed and sad in the moberly area," McWilliams said.

The City Manager Andy Morris said he is simply waiting for the money and doesn't have any insights before that.

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