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Westpac also owed money by Sargon

China's Taiping Trustees is not the only group owed money by Sargon and its related companies. There is also a roughly $35 million debt facility from Westpac bank, Financial Standard understands.

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Read more: WestpacTaiping TrusteesEYChinaFinancial StandardMondaySargon Capital Pty Ltd.Sargon CT Holdings Pty Ltd.