Polly Peck Scandal

July 8, 2018 | Author: Haseeb Razzaq | Category: Companies, Corporate Law, Corporations, Business (General), Finance (General)
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Rahh~ Rjgc Wgm`dmh

Tmohj ae Ga`tj`tw TMOHJ AE GA@TJ@TW ..................................................................................................................................... =  DJDNGMTNA@ ..................................................................................................................................................

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Eaz`dmtna` ..................................................................................................................................................

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 N `tradzgtna` `tradzgtna` .................................................................................................................................................

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FZIOHJ OJKN@@N@K .........................................................................................................................................

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TFJ @J[ GFNJE JVJGZTNUJ ............................................................................................................................

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MTTJIRT TA TMCJ TFJ GAIRM@^ R_ NU NU MTJ ..................................................................................................... 6 DA[@EMHH .......................................................................................................................................................

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Z`nujrwnt~ ae Kzlrmt

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Rahh~ Rjgc Wgm`dmh

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·Tfnw raljgt nw djdngmtjd ta az jwrjgtjd tjmgfj {fa j`gazmkjd zw ta da wzgf m tfazkft rauacn`k m`d ijm`n`k ezhh raljgt´

Z`nujrwnt~ ae Kzlrmt

Rmkj ?

Rahh~ Rjgc Wgm`dmh

 MGC@A[HJDJKIJ@T 

Enwt

ae mhh {j {m`t ta rm~ az kmtntzdj ta Mhinkft~ MHHMF {fa fmw j`mohjd zw ta

wzggjwwezhh~ mggairhnwf tfnw tmwc.

Tfj` {j {azhd hncj ta tfm`c az tjmgfj  Ir. Md`m` Omwfn r {fa fmw j`mohjd zw ta j`fm`gj az wcnhhw m`d fmuj knuj` zw m gfm`gj ta tmcj rmt n` wzgf cn`d ae rmgtngmh mgtnuntnjw tfmt {nhh fjhr zw ta mgfnjuj eztzj kamhw m`d imdj zw raejwwna`mh n` az wrjgneng enjhd. Tfj imttj nw `at tfmt {fmt {j mj dan`k ozt tfj imttj nw tfmt fa{ {j mj dan`k tfjwj tfn`kw. Az ojfmuna m`d az ga`dzgt wfa{w ta t fj rjarhj tfmt fa{ {j mgfnjuj tfnw kamh.

Z`nujrwnt~ ae Kzlrmt

Rmkj 7

Rahh~ Rjgc Wgm`dmh

Rahh~ Rjgc 

Z`nujrwnt~ ae Kzlrmt

Earijr t~rj

Rzohng

Emtj

Om`czrt % oacj` zr

Eaz`djd

=>42

Djez`gt

Om`czrt =>>2

Fjmd}zm rtjrw

Ha`da`(( ZC  Ha`da`

Cj~ rjarhj

Mwnh @mdn ( &GJA &GJA

N`dzwtr~

Jhjgta`ngw

Jirha~jjw

=;(??2 =;(??2

Rmkj 4

Rahh~ Rjgc Wgm`dmh

Rahh~ Rjgc  Rahh~ Rjgc  N`tjr`mtna`mh & RRN. {mw m wimhh m`d omjh~ raentmohj

Z `ntjd  `ntjd  C n`kdai n`kdai

TWJ  tjvtnhj gaim`~ {fngf jvrm`djd mrndh~ n` tfj =>62+w m`d ojgmij m ga`wtntzj`t ae tfj E TWJ  =22 N `djv  `djv  ojeaj

nt gahhmrwjd n` =>>=.

Fnwtar~ Eaz`dmtna` Tfj Gairm`~ {mw eaz`djd o~ _m~ia`d \jhcj m`d fnw {nej W~onh n` =>42 mw m wimhh emwfna` fazwj arjmtn`k n` Ha`da`.

N`tradzgtna` A`gj m hjmdn`k wtm r ae tfj ETWJ =22( Rahh~ Rjgc gahhmrwjd z`dj r tfj {jnkft ae djotw metj r ojn`k e rmzdzhj`th~ ae gmwf.

Tfj tmhj ae Mwnh @mdn m`d Rahh~ Rjgc {mw hntjmhh~ a`j ae mk tmdj ta ngfjw. N` tfj =>62w( @mdn r wjjijd ta fmuj tfj kahdj` tazgf ( {ntf oaain`k wzggjww {fjjuj fj tz`jd fnw

fm`d( imcn`k waij rjtt~ rj``njw rj`` njw ea im`~ ae fnw jmh~ n`ujwtaw. Ozt {fj` tfj Rahh~ Rjgc j irnrj gahhmrwjd n` =>>= ( @mdn j`djd zr a` tfj z` eai tfj Emzd

Aeengj. N` =>>7 fj ehjd ta Tzcnwf @atfj` G~rzw( {fngf fmw `a jvtmdntna` tjmt~ {ntf

tfj ZC( ta jwgmrj tnmh a` g fmkjw ae w~wtjimtng emzd. Fj nw wtnhh tfjj ta tfnw dm~.

Fziohj ojkn``n`k Nt mhh wtmrtjd omgc n` =>4= n` Hmecm( G~rzw( {ntf tfj ontf ae tfj oa~ {fa {mw ta waa`

mg}znj m` j`tjrj`jznmh oj`t tfazkf fnw enwt lao( mt tfj mkj ae wnv( wjhhn`k `j{wrmrjw. Hmtj(

Z`nujrwnt~ ae Kzlrmt

Rmkj :

Rahh~ Rjgc Wgm`dmh

metj emnhn`k ta gairhjtj m z`nujwnt~ djkjj( fj lan`jd fnw emtfj n` tfj ZC( {fjj fj kat fnw enwt tmwtj ae tfj mk tmdj. Metj tfj Tzcnwf n`umwna` ae @atfj` G~rzw( @mdn jtz`jd ta fnw faijhm`d m`d taac  ga`tah ae m ghatfn`k gairm`~ {fawj rjunazw Kjjc a{`jw fmd ojj` eagjd azt. Eai tfnw  ojkn``n`k  ojkn``n`k tfj Rahh~ Rjgc wta~ wt a~ taac taa c aee metj @mdn oazkft n`ta tfj gairm`~.

Tfj `j{ Gfnje Jvjgztnuj Jmrh~ n` =>62 _jwt ra N`ujwt ij`tw( m gairm`~ ga`t rahhjd o~  Mwnh  @ mdnr  mdnr ( m Tz rcnwf G~rrnat( oazkft :6* ae tfj Ga irm`~ ear §?;2(222. @mdnr taac auj r mw Gfnje Jvjgztnuj a` ; Lzh~ =>62 .A` 6 Lzh~ =>62 Rahh~ Rjgc 

hmz`gfjd m nkftw nwwzj ta rmnwj §=.:i ae `j{ gmrntmh ea n`ujwtij`tw moamd. N` =>6? @mdn r ojkm` tfj jmh~ uj`tzjw. Tfjwj n`ghzdjd Z`n)Rmg Rmgcmkn`k N`dzwtnjw

Htd( Ua~mkj Cnonw Htd( m`d Wz`|jwt Tmdn`k Htd( tfjj gairm`njw n`garamtjd n` tfj Tzcnwf _jrzohng ae @atfj` G~rzw. Z`n)Rmg {mw m gazkmtjd oav im`zemgtzj m`d rmgcmkn`k gairm`~ eaijd ta tmcj mdum`tmkj ae wzrhzw gntzw eznt ojn`k ka{` n` G~rzw( {fngf {mw eajgmwt ta radzgj m in`nizi ae §?.= inhhna` raent. Ua~mkj Cnonw Htd {mw zwjd ta rzgfmwj tfj Wfjmta` Ua~mkj  Fatjh n` Tzcj~ m`d ta oznhd jwat fatjhw n` @atfj` G~rzw. N` Wjrtjiojr =>6? @mdn r mg}znrjd m imlar wtmcj ae :;* n` m tjvtnhj t rmdjr( Ga`jhh( S?Y

{fawj wfmjw {jj ga`wndjjd rj``~ wfmjw.

Gar`jhh rawj e rai ?5r ta auj r =22r mw waa` mw

@mdnr+w n`tj rjwt {mw ga`en rijd. @mdn fmd Ga`jhh wjhh m nkftw nwwzj( mnwn`k §?.;5 inhhna`.

Tfnw gmrntmh( rhzw m eztfj §5 inhhna` eai Rahh~ Rjgc( {mw zwjd ta wjt zr tfj +@ncwm+ in`jmh {mtj oatthn`k rhm`t n` Tzcj~. @ncwm wzowj}zj`th~ wahd m` jwtnimtjd =22 inhhna` oatthjw ae  {mtj ta tfj Inddhj Jmwt.

Z`nujrwnt~ ae Kzlrmt

Rmkj 5

Rahh~ Rjgc Wgm`dmh

N` =>67( @mdn r mhwa ojkm` jvrm`dn`k RRN+w tjvtnhj ozwn`jww o~ rz rgfmwn`k m ;5

rjrgj`t wtmcj n` Wm`tm`m N`g. n` tfj Z`ntjd Wtmtjw( m`d m imlant~ wtmcj n` N`tjGnt~ RHG n` tfj

ZC. @mdn tfj` jvtj`djd RRN+w tjvtnhj arjmtna`w n`ta tfj Em Jmwt( mg}znn`k m imlant~ wtmcj n` Nirmgt Tjvtnhj Kazr n` =>65( m`d o~ n`gjmwn`k RRN+w jvnwtn`k wtmcj n` Wfznfn`k Htd. ta >2  rjgj`t. N` =>6; RRN mg}zn rjd m imlarnt~ n`tjrjwt n` Rmhia` &ZMJ. Htd.( m im`zemgtzj ae  gmwzmh wfntw. N` Mrrnh =>64( RRN mhwa dnuj rwnenjd n`ta tfj jhjgt ra`ngw ozwn`jww o~ mg}zn rn`k 6?

rjrgj`t a{`jrwfnr ae  Ujwtjh Jhjgt ra`ngw( a`j ae tfj hmkjwt rzohngh~ tmdjd gairm`njw n`

Tzcj~.Ujwtjh im`zemgtzjd gaha tjhjunwna`w( Ojtmimv undja jgadjw( mn ga`dntna`n`k z`ntw( mzdna j}znrij`t( inga{muj auj`w( m`d {mwfn`k imgfn`jw. RRN+w wzggjww n` tfj jhjgta`ngw  ozwn`jww {mw wzowtm`tnmhh~ j`fm`gjd n` jmh~ =>65 {fj` Mcmn ae Lmrm` djgndjd ta lan` Ejkzwa`( Wmham( m`d KahdWtm mw hngj`waw ta Ujwtjh. Wzowj}zj`th~( RRN mhwa mg}znjd fazwj {mjw im`zemgtzj _zwwjhh Faoow. O~ =>6> Rahh~ Rjgc fmd ojga ij m` n`tjr`mtna`mh rhm~j r o~ mg}zn rn`k m :=* imlarnt~ wtmcj n` Wm`wzn &m Lmrm`jwj jhjgta`ngw gairm`~ a` fmd tnijw. Tfnw {mw a`j ae tfj

enwt eajnk` mg}znwntna`w ae m imla Lmrm`jwj gairm`~ hnwtjd a` tfj Tac~a Wtagc Jvgfm`kj. Mhwa n` =>6>( Rahh~ Rjgc oazkft tfj ea rijr

Djh

Ia`tj e rjwf e rznt dnunwna` ea r $6;: inhhna` eai

_L_ @monwga( {fngf fmd rjunazwh~ mg}znjd nt. Rahh~ Rjgc tfj` kmn`jd tfj zhtnimtj mggahmdj ae   ojn`k mdinttjd ta tfj En`m`gnmh Tn ijw =22 Wfm rj N`djv n` =>6>. O~ =>>2 enuj eniw fmd jijkjd mw tfj dain`m`t mgtaw n` ejwf ezntw m`d ujkjtmohjw n` [jwtj` Jzarj m`d @atf Mijngm. Tfjwj {jj tfj jv)om`m`m knm`tw< Gfn}zntm( Dahj( m`d Djh Ia`tj Tarngmh3 m`d tfj t{a `j{ zrwtmtw< Rahh~ Rjgc N`tj`mtna`mh m`d Mhojt Enwfj. Tfj iauj {mw rmt ae m hmkj rhm``jd jwtzgtzn`k z`dj {fngf Rahh~ Rjgc djujharjd ntw jhjgta`ngw( eaadw m`d hjnwzj ozwn`jwwjw n`ta tfjj hmkjh~ n`djrj`dj`t gairm`njw. N` hjww tfm` tj` ~jmw( z`dj tfnw ka{tf)o~)mg}znwntna` wtmtjk~( RRN+w imrcjt gmrntmhn|mtna` {j`t e rai a`h~ §722(222 ta §=.; onhhna` mt ntw rjmc . Nt ojgmij m fahdn`k

gairm`~ ea m {ahd{ndj kazr kaz r ae auj ?22 dnjgt m`d n`dnjgt wzowndnm~ gairm`njw.

Z`nujrwnt~ ae Kzlrmt

Rmkj ;

Rahh~ Rjgc Wgm`dmh

[ntf rj)tmv rraentw ae §=5=.4 inhhna`( `jt mwwjtw ae §64: inhhna` m`d =;(??; jirha~jjw ( tfj Rahh~ Rjgc kazr {mw a`j ae Ontmn`+w tar a`j fz`djd }zatjd gairm`njw. Rahh~ Rjgc m`d ntw wzowndnm rnjw {mw tfj hmrkjwt jirha~jr n` @artfjr` G~rzw &metj tfj wtmtj {ntf

;(:22 jirha~jjw tfjj.

Mttjirt ta tmcj tfj Ga irm`~ rrnumtj N` Mzkzwt =>>2 @mdn r gmij ta tfj unj{ tfmt tfj Gairm`~ {mw z`djumhzjd m`d tfj`

m``az`gjd tfmt fj {mw tmcn`k nt rnumtj. Mhiawt mw wzddj`h~ hmtj tfmt ia`tf fj m``az`gjd tfmt fj fmd gfm`kjd fnw in`d.

Da{`emhh Mrrmj`th~ `at taa cjj` a` rzohng wgztn`~( m`d wtz`k o~ gntngnwi ae hmgc ae tm`wrmj`g~ ga`gj`n`k tfj kazr+w jm`n`kw. @j{w ae tfj rhm``jd oz~azt wj`t tfj fnkfh~ rngjd wfmjw juj` fnkfj. Z`eartz`mtjh~( tfj ga irm`~ {mw fnkfh~ hjuj rmkjd mt tfj tn ij( a{n`k aujr §=o ta iarj tfm` =22 om`cw wr rjmd auj r m ga irhjv djot wt rzgtzrj. Mttjirtw ta jwtzgtzj tfnw djot

emnhjd( m`d tfj om`cn`k wzrrat `jjdjd ea tfj tmcjauj dnd `at imtjnmhnwj.Tfj wfmj rngj ojkm` ta emhh mkmn`.

Ermzd Dzn`k tfnw tnij( ga`tah ae Rahh~ Rjgc+w gmwf mrrjmw ta fmuj ojj` untzmhh~ `a`)jvnwtj`t( m`d @mdn fmd ojj` tm`wejn`k umwt wziw n`ta wjgjt rnumtj mggaz`tw n` @atfj` G~rzw m`d Tzcj~. N`ujwtnkmtna`w wzowj}zj`th~ dnwgaujjd tfmt( n` tfj t{a ~jmw hjmdn`k zr ta Rahh~ Rjgc+w gahhmrwj( @mdn fmd ojj` ohjjdn`k tfj gairm`~ d~. N` =>66 Rahh~ Rjgc trm`wejrrjd §:6i ta Tzrcnwf m`d G~r rnat wzowndnmnjw( m`d n` =>6> m wzi ae §=4=i {mw rmnd azt n` 52 wjrmmtj

tm`wmgtna`w. Im`~ ae tfj gairm`~+w mwwjtw( mkmn` n` @artfjr` G~rrzw m`d umhzjd mt §?: i( fmd mhwa ojj` wjgjth~ jknwtjjd n` @mdn+w `mij.

Z`nujrwnt~ ae Kzlrmt

Rmkj 6

Rahh~ Rjgc Wgm`dmh

Mdin`nwtmtaw emnhjd ta wmuj tfj gairm`~( m`d Rahh~ Rjgc {mw `a iaj. @mdnr {mw gfmrkjd {ntf ;2 gaz`tw ae emhwj mggaz`tn`k m`d tfjet( m`d rjhjmwjd a` §7.: i omnh. Fj

wcnrrjd tfj ZC &mw tfj wta~ fmw nt( {fj` djtjgtnujw {mtgfn`k fni {jj aee dzt~ a` m om`c  fahndm~ ta wmuj aujtnij rm~( m`d ta dmtj fmw `at jtz`jd.

Gahhmrwj A` ?2 Wjrtjiojr =>>2( tfj Wj rnazw Ermzd Aeengj &WEA . mndjd Waztf Mzdhj~

Im`mkjij`t( tfj gairm`~ tfmt ga`tahhjd tfj @mdn eminh~ n`tjjwtw. Tfj mnd tnkkjjd m z` a` Rahh~ Rjgc wfmjw {ntf tfj rngj rmgtngmhh~ n` ejj emhh. Tmdn`k n` tfj gairm`~µw wfmjw {mw wzwrj`djd a` ?2 Wjrtjioj =>>2. RRNµw raohjiw  ojgmij mrrmj`t eai tfj wtzgtzj ae tfj kazrµw djotw. Tfj gairm`~ fmd auj §=22 inhhna` n` wfat)tji juahun`k hn`jw ae gjdnt. Juj` iaj djot ga`wnwtjd ae ha`k tji ham`w ea {fngf @mdn  fmd aeejjd Rahh~ Rjgcµw wfmjw mw gahhmtjmh. A` ?: Wjrtjiojr =>>2 tfj Ga irm`~ {mw rhmgjd n` md in`nwt rmtna`.

Zhtnimtjh~ tfj gairm`~ gahhmrwjd( m`d gfmkjw {jj oazkft mkmn`wt Mwnh @mdn ea ;2 gfmkjw ae emhwj mggaz`tn`k m`d tfj tfjet( {fngf fj dj`njd. N` =>>=( Rahh~ Rjgc Krazr trm`wejrrjd mhh ae ntw Ujwtjh Jhjgt ra`ngw wfm rjw ta a`j ae 

ntw wzowndnm rnjw( Gahhmr Fahdn`k O U( {fngf {mw omwjd n` tfj @jtfjhm`dw. N` tfj wmij ~jm(

eahha{n`k tfj gahhmrwj ae tfj Rahh~ Rjgc Kazr( RRN {mw rhmgjd n` mdin`nwtmtna`. N` @aujioj  =>>4( Mfijt @m|ne \arhz mg}znrjd RRN eai tfj mdin`nwtmta o~ oz~n`k tfj j`tnj wfmj gmrntmh ae Gahhm Fahdn`k OU( {fngf mt tfj tnij fjhd 6?* ae tfj Rahh~ Rjgc+w nwwzjd wfm rj gmrntmh

Z`nujrwnt~ ae Kzlrmt

Rmkj >

Rahh~ Rjgc Wgm`dmh

Hjmun`k tfj ZC  @mdnr hjet tfj ZC lzwt metjr fnw §7.: inhhna` omnh fmd hmrwjd( {fnhj tfj djtjgtnujw {fa

{jj {mtgfn`k fni {jj aee dzt~ ta wmuj aujtnij rm~ a` m fahndm~. Fj jimn`w m ezkntnuj n`  @atfj` G~rzw( {fngf fmw `a dnrhaimtng jhmtna`w. Rjtj Dnia`d( tfj rnhat {fa ehj{ fni azt ae Ontmn`( {mw ga`ungtjd ae mndn`k m ezkntnuj( ozt tfj ga`ungtna` {mw }zmwfjd a`gj nt {mw djtjin`jd tfmt tfj omnh fmd hmrwjd. Mt tfj j`d ae tfj ga`taujw~( tfj Wjnazw

Emzd

Aeengj m`d tfj Ontnwf rahntngmh

jwtmohnwfij`t {jj oatf dnwgjdntjd. M kauj`ij`t in`nwtj jwnk`jd( dj`az`gn`k rawjgztn`k mztfantnjw. M fnkf gazt lzdkj m`d m ]G {jj mggzwjd ae m +rhat+ ta rjujt tfj gazwj ae lzwtngj. Tfj Mtta`j~ Kj`jmh fmd ta mrahaknjw ea inwhjmdn`k Rmhnmij`t.

Metjrimtf Z`hncj iawt ae tfj atfj emzdwtjw {j+uj haacjd mt n` tfnw wjnjw( @mdn fmw wa em `at fmd fnw gaijzrrm`gj. Tadm~ fj z`w Cnornw Ijdnm Krazr n` @artf G~rrzw( {fngf rzohnwfjw m gazrhj ae `j{wrmrjw m`d arjmtjw TU m`d mdna wtmtna`w. Fj nw( mrrmj`th~( mggairm`njd o~ m jtn`zj ae oad~kzmdw {fjjuj fj ka jw( {fngf nw raomoh~ m {nwj iauj.

Z`nujrwnt~ ae Kzlrmt

Rmkj =2

Rahh~ Rjgc Wgm`dmh

_jejrj`gjw fttr!25!??!emiazw)wgmiw)rahh~)rjgc.mwrv fttr
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