Pearson knew there were problems and the SFO had been on the case 5 weeks before he announced they were investigating .Sorry not 5 weeks before suspension .Im still extremly pissed off the bloke raises money for due dilligence and should have been in control of the facts and signed off the RNS`s ,all of which are bogus ...
How could he be so wrong ?
b) " The Board has carried out extensive due diligence to confirm the existence
of the term deposits. To this end, the Board has received correspondence
from the Banco do Basil to confirm their validity. In addition, the Board
has gained further comfort from discussions with the Company's auditors."
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