Mystery over Dubber's missing $30million as tech founder Steve McGovern is ... trends now

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A Melbourne software company has sacked its chief executive for the 'likely' unauthorised use of $30m that went missing from the company.

Dubber is a call recording software company, founded by ousted chief executive Steve McGovern and two other 'friends' in 2011, a now pulled-down version of its website says.

But an audit late last year found $30m supposedly being held by Christopher William Legal in a term deposit was missing.

Last month, the company told the ASX about $3.4m had been recovered, with $26.6m outstanding.

The funds might have been misused by either or both Mr McGovern and the trustee, the company announced.