UK Politics
General Discussion for politics in the UK.
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[email protected] appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
view the rest of the comments
I'm an accountant and auditor, while it's incredibly misleading, not fraud. They would have to demonstrate to the auditor that the value is correct, it does appear that dividends are being issued so it would probably pass the bar required for valuation.
Something being technically legal doesn't make it technically OK.
If I had just started a new job and my CV was found to be "incredibly misleading", I'd expect to be kicked out the door, not because I'd broken the law or commited gross misconduct, but because I'd been found to be unsuitable for the expectations of the company/customers.
This story is just another straw on the camels back of the privatised water industry that have been using the British tax payer as an ATM for fat cat shareholders for decades, with debts so huge that our children and our children's children will be burdened.
I didn't say it was ok, only that it was probably technically fine
That's semantics. I take it you understood the message I was trying to convey.