Captive close to recovering stolen cars

A motor finance captive company is struggling to recover its six high-value vehicles after they were illegally transported to a foreign jurisdiction, Motor Finance has learned. Roger Potgieter, the motor finance partner at law firm Shoosmiths, which is assisting the captive, said the motor finance client has managed to get the port authorities in Northern Cyprus to hold the vehicles, even though the alleged fraudsters have demanded their release.