Collapse Files · CF-011
He Flagged The Risk Three Years In A Row. Each Year They Filed It Under Noted. Year Four The Company Collapsed.
In three consecutive years, Thomas Osei flagged the same persistent risk to Harrington Property Group, noting excessive leverage concentration and inadequate liquidity. Each time, the board merely acknowledged his concerns, filing them under “noted.” In 2021, the company collapsed, costing investors £340 million.
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