London and Capital Finance – a sea of red flags involving a Tory party grandee and a Dodgy Solicitor

I have already highlighted how London and Capital Finance Plc (“LCF”) is the principal lender to Independent Oil and Gas (“IOG”) via London Oil and Gas (“LOG”) and raised concern about those arrangements.  Looking at the parent of LOG and its subsidiaries raises a whole series of red flags which is not only bad news for holders of LCF minibonds but also shareholders in IOG.

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