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Silverdell – A Whistleblower Emerges: This looks Dreadful for Disgraced CEO Sean Nutley

Tom Winnifrith Thursday 16 January 2014

 

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A senior manager at Silverdell (SID) has been in touch and has given me a statement which makes dreadful reading for disgraced CEO Sean Nutley. If the regulators want to nail Sean this is not going to be hard. This statement also makes very awkward reading indeed for Nomad FinnCap.

You can see the rap sheet against Nutley HERE

And you can find out how you can (and should) complain to the regulators HERE

Nutley’s big crime (under market abuse – dissemination) is publishing an upbeat trading statement on 20th June when his main subsidiary had received a winding up order on 13th June (something which brought Silverdell down by July 2 but which Silverdell did not disclose to the market.) I speculated yesterday that perhaps Nutley did not know about Kitsons. 

He did. The Whistleblower whose identity I must protect takes it up from here.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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