Taking Stock – Has Capt Bob been born again?

Taking Stock - Has Capt Bob been born again?

For those seeking funds hidden by Capt Bob, the Maxwell Bureau de Change in the small bush town of Arusha, Tanzania – featured in TS this summer – may seem a good place to start. It’s hard to locate, just like the millions Maxwell ‘borrowed’. This year partners at PwC, which audited his empire, may have wished for a similar hiding place as they have borne the brunt of creditors’ fury. The firm took a £3.5m hit after a JDS ruling and paid out £68m to administrators of the big man’s estate. Capt Bob has taken his last dive, but PwC is still caught in the ripples and facing another £600m claim.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource