Good. Any other result would have been a disaster for corporate governance.
Now, were were the auditors in all this? They were, inevitably, KPMG.
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Hmmm…the charges on which he was found guilty were the easiest ones on which to convict. Some commentators believe he lost because his defense failed to put him on the stand and so all the jury had to go on was circumstantial evidence. He wasn’t found guilty of the much more serious charges and not tax fraud which was on the list.
It’s weird that he’s on bail but was thought to be a flight risk. He clearly thought he was innocent. I’m wondering whether he’s really been convicted for his lifestyle…