The 666 shirt of investigative financial journalism is out of retirement for a few more days as liar and crook Jim Ellerton clings on to his corporate career for a bit longer. This morning he has stepped down from the board of Sefton (but will carry on as a consultant on full pay) because of “allegations made in two Internet publications against Jim Ellerton, the Company's Executive Chairman, and certain documentation received”
Sefton says that the NEDS will “In conjunction with the Company's lawyers and Nominated Adviser, conduct a full and thorough investigation into the alleged matters (the "Investigation"). Both Mr Ellerton and the Non Executives believes this will be in the best interests of the Company. The Company anticipates that it will be able to provide a further update to the market within one week as to the progress of the Investigation”
Heck, why not get Dr Ali to do the report to ensure really speedy delivery?
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