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By Paul Lashmar |
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January 27,
2002 |
NEW ZEALAND JUDGE HITS OUT AT UK FINANCE GROUP; IMPERIAL
CONSOLIDATED STANDS ACCUSED OF DELIBERATELY PRODUCING MISLEADING
DOCUMENTS DURING LEGAL PROCEEDINGS. PAUL LASHMAR INVESTIGATES
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| Intro: |
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Imperial Consolidated, the accident-prone UK and offshore finance
group, has been accused by a New Zealand judge of backdating key
documents for a legal case "in a deliberate attempt to mislead
anyone who might later look at them". The comments came in a
defamation case brought by Imperial Consolidated against a New
Zealand broker. |
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| Excerpt: |
David Marchant
of the Miami-based Offshore Alert
newsletter, who has been monitoring the group's activities, said:
"It is ironic that the judgment in New Zealand is far more damaging
to Imperial Consolidated's reputation than the allegedly defamatory
website that they were complaining about in the lawsuit.
"In an attempt to prove to the judge that they were a decent and
honest firm, they submitted documents as evidence that the judge
determined had been fabricated. Apart from being ironic, it is
highly comical." |
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