Page 673 - The Case Lab Book
P. 673
cash cow, Wrekin rapidly moved into the dog sector
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