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Berkeley Minerals – Surely someone needs to go to jail? I have a suggestion

Tom Winnifrith
Monday 2 February 2015

Shares in AIM casino listed Berkeley Minerals (BMR) remain suspended as forensic analysts investigate the scope of the accounting black hole within the company but, following an RNS today, we know that the quantum is not £4.3 million as previously announced by £11 million. Surely jail time beckons and I have a nomination to make.

I have spoken to new CEO Alex Borelli and, though we have crossed swords in the past, I really do feel rather sorry for him. He has inherited a rat’s nest from the former Executive Chairman Masoud Alikhani who quit on October 20th citing health reasons. The word on the street is that he has Alzheimer’s but I am afraid that I have no sympathy for him.

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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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