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Diagram 7

The result was that instead of being a potential cash cow, Wrekin rapidly
moved into the BCG dog sector (see diagram 7) requiring financial

support. Moreover, the impact of the fraud rebounded on the Tamar
Group. Looking at the comparison of shareholder funds shows how the
Tamar position has been affected by the introduction of the Gem of
Tanzania into Wrekin’s accounts. The parent company Tamar, carries
the responsibility for the asset. What is a fraud in one set of accounts is

also a fiction in the other.