Let me get this straight -
i) The Natwest three: they undervalued an enterprise they oversaw on behalf of Enron; they and their American co-conspirators bought the company at a knockdown price; they then sold it on making millions for themselves and their cronies. Now they will go to jail in the US and will have to repay their ill-gotten gains. The Home Office extradited them to face trial and so must have accepted prima facie evidence of a criminal offence.
ii) The QinetiQ Cabal: undervalued an enterprise they oversaw on behalf of the British People; they and their American co-conspirators bought the company at a knockdown price; they then sold it on making millions for themselves and their cronies.
We can expect to see them rewarded in a future Honours List.
Friday, November 30, 2007
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