Becker's bankruptcy restrictions extended until 2031
LONDON: German tennis Excellent Boris becker has had his bankruptcy the restrictions were extended until 2031 after an investigation of undisclosed assets and transactions valued at more than 4.5 million pounds ($ 5.80 million).
Becker, who won six Grand Slam titles in his career, including three in Wimbledon , filed for bankruptcy on June 21, 2017 in the London High Court .
Under the terms of the bankruptcy order, the 51-year-old was bound to provide full disclosure of assets to the trustee and inform any lenders of his situation when seeking to borrow more than 500 pounds.
Restrictions are usually lifted after one year.
"Owing to the nature of Boris becker 's actions, the Official Receiver pursued extended restrictions to prevent Mr Becker causing further harm to his creditors," Britain's Insolvency Service said in a statement on Tuesday.
Mr. Becker offered a Bankruptcy Restriction Commitment, which was accepted on October 17, 2019 and lasts until October 16, 2031.
It said the transactions investigated by the receiver occurred before and after the bankruptcy proceedings.
An online auction of Becker's trophies and souvenirs in July grossed more than 680,000 pounds, with his 1989 US Open trophy attracting the highest bid of 150,250 pounds.
The auction had been due in 2018 but was delayed after Becker claimed diplomatic immunity from bankruptcy proceedings by taking up a role with Central African Republic as a sports envoy.