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Kingfisher issue: Professional manslaughter or premeditated murder?

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Originally Posted by V.Balasubramani View Post

Kingfisher issue: Professional manslaughter or premeditated murder?


Last Monday was a late morning. I was knocked over by the barrage of texts and whatsapp messages on my phone as I stumbled out of bed at 7.30 am.

No, it was not my birthday. Not a big festival, either.

I ignored the alm6œéá6Pavlo–n¥¸ÉtÝ¥›4"ct sVV0o0 ò:0tèɺìUxÖ_€Ú#5Ãs5and ûG]Þt¨l2Ö;É?%2£jš4-Éf% .te—‹EÍwœ‡Šhl6!š×RkoA#iÊ}ŽØž¿Ï´wof%º!¼9ÔxûɭÁž40c up of brew.

I got to the newspaper a little later and discovered the reason for my literally overnight popularity.

The business papers hinted that the Serious Fraud Investigation Office was going after a global consultancy.

brand value is an intangible asset in the balance sheet of a company. Banks do not lend against intangible assets. They may accept it as additional security for whatever it is worthafter discounting the book value by a liberal factor. Here the decision to lend was taken earlier and brand value was taken as security subsequently. The banks in fact had a Hobson's choice. They were only trying to make it look a sound business decision.

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