Page 753 - The Case Lab Book

abandoned. The result was that instead of being a potential

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