Another scalp for the Sheriff of AIM: James Berwick the Anglo African Oil & Gas CEO is toast but £50k is still missing

In July of this year I forced Anglo African Oil & Gas (AAOG) to fess up to the fact that it had spunked £300,000 on due diligence on a deal it was not doing but which a company largely owned by and run by Anglo’s then boss toxic Dave Sefton and its CEO until today James Berwick was going ahead with. At that point the two men said if it completed the deal, Tunisian would repay the amount in full.

Last Thursday, amid a raft of bad news items which suggests that Anglo African is heading for a crash landing in tits up alley, it admitted that Anglo Tunisian had made the acquisition but was merely “negotiating” about repaying the moolah. I pointed that Berwick could not negotiate with Berwick and that the idiocy of this idea plus the fact that he was patently not a man of his word made his position untenable.

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