From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

SHOCKER: Show me a smug enabler of crime and liar who has just been fined £500,000 and shows no remorse... and won't pay a cent of the fine!

By Tom Winnifrith | Wednesday 13 October 2021


 


Earlier I wrote up the damning report by the FRC into KPMG and its former partner David Costley Wood. The latter lied about a scheme he had engineered which would have wrecked the finances of good ordinary decent working folks and screwed the taxpayer. He then lied about what he had done and fabricated notes of meetings 13 months after they took place in order to try and leg over the regulator. Had KPMG acted against Costley-Wood when it was alerted rather than only parting company with him a couple of months ago, the disgraced Mr Costley-Wood would have been more than £6 million worse off. And that is one reason why he doesn’t care about a £500,000 fine. As you can see below… Another reason is that he will not pay a cent of that fine….

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

PICH

Pitch Pit – this stinks

 

GEX

Georgina Energy: Lyin’ Yet again

Time left: 08:14:49