From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

African Potash - where did it hide the £600,000 bung to Beryl in its 2016 accounts?

By Tom Winnifrith, The Sheriff of AIM | Wednesday 4 January 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


You may well remember that one of the frauds committed by African Potash (AFPO) in November 2015 was the announcement of a ramptastic deal with Beryl Holdings. The company announced all the good bits ( which as it happens failed completely to materialise in any way shape or form) but neglected to mention a £600,000 bung it had agreed to pay to Beryl. Unfortuanately for lyin' Chris Cleverley I got hold of the contract and pubished it and also alerted auditors RSM Tenon to its existence.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 09:54:24