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Author Topic: why do whistle blowers go to the BBC rather than the FCA  (Read 2051 times)

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SydneyRover

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why do whistle blowers go to the BBC rather than the FCA
« on October 21, 2019, 09:24:28 am by SydneyRover »
''Why Top fund manager forced to resign after BBC investigation''

So despite evidence showing wrong doing and being sacked Denning denies it, in which case I look forward to him suing for wrongful dismissal and the besmirching of his reputation.

''One of the world's leading fund managers has been forced to resign after the BBC discovered he had broken investment rules.

Mark Denning helped to manage more than $300bn (£229bn; €265n) of investors' money at Capital Group.

BBC One's Panorama uncovered evidence that suggests he was secretly acquiring shares for his own benefit in some of the same companies as his funds.

Mr Denning, who had worked at the firm for 36 years, denies any wrongdoing.

The 62-year-old fund manager left his job five days after Panorama wrote to Capital Group about the findings of its investigation.

Capital Group - which manages almost $2 trillion of assets - said Mr Denning was no longer with the firm.

"We have a Code of Ethics and personal investing disclosure requirements that hold our associates to the highest standards of conduct. When we learned of this matter, we took immediate action," it said.''

https://www.bbc.com/news/business-50089887

Added:

Panorama Can You Trust the Billion Pound Investors? is broadcast on Monday at 20.30

« Last Edit: October 21, 2019, 09:29:32 am by SydneyRover »



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Glyn_Wigley

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Re: why do whistle blowers go to the BBC rather than the FCA
« Reply #1 on October 21, 2019, 10:21:16 am by Glyn_Wigley »
The BBC IS the whistleblower.

Axholme Lion

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Re: why do whistle blowers go to the BBC rather than the FCA
« Reply #2 on October 21, 2019, 10:59:21 am by Axholme Lion »
The BBC is a disgrace. It is biased beyond belief. The John Humphries interview after he finished was very interesting.

SydneyRover

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Re: why do whistle blowers go to the BBC rather than the FCA
« Reply #3 on October 21, 2019, 03:19:36 pm by SydneyRover »
The BBC IS the whistleblower.

So where did these come from Glyn?

''Leaked documents

The Panorama investigation discovered that shares were bought on Mr Denning's instructions through a secretive fund based in Liechtenstein.

It was called Morebath Fund Global Opportunities.

Leaked documents show the Morebath fund had invested in a medical research company called Mesoblast, an Indian film company called Eros International and a gold mining company called Hummingbird Resources''

« Last Edit: October 21, 2019, 03:27:56 pm by SydneyRover »

Glyn_Wigley

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Re: why do whistle blowers go to the BBC rather than the FCA
« Reply #4 on October 21, 2019, 08:35:55 pm by Glyn_Wigley »
Don't know. Neither do you. Neither do you know if they were given to the BBC deliberately by someone.

Glyn_Wigley

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Re: why do whistle blowers go to the BBC rather than the FCA
« Reply #5 on October 21, 2019, 08:37:18 pm by Glyn_Wigley »
The BBC is a disgrace. It is biased beyond belief. The John Humphries interview after he finished was very interesting.

Aye, asking crooks impertinent questions they don't want to answer is a disgrace. :silly:

SydneyRover

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Re: why do whistle blowers go to the BBC rather than the FCA
« Reply #6 on October 21, 2019, 08:40:03 pm by SydneyRover »
Don't know. Neither do you. Neither do you know if they were given to the BBC deliberately by someone.

Just asking, I thought it was a relevant question following your post?

Axholme Lion

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Re: why do whistle blowers go to the BBC rather than the FCA
« Reply #7 on October 22, 2019, 09:39:59 am by Axholme Lion »
The BBC is a disgrace. It is biased beyond belief. The John Humphries interview after he finished was very interesting.

Aye, asking crooks impertinent questions they don't want to answer is a disgrace. :silly:

I was referring to the fact that it is run by a hard core of PC zealots who have not one thing in common with the average worker in Britain.

 

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