Ferranti put at risk by ISC fraud

Title

Ferranti put at risk by ISC fraud

Genre

News report; Interview

TX Date

27 Sep 1989

Year of production

1989

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Duration

00:02:46

Description

Clive Myrie reports on investigations into claims by one of Britain’s largest defence contractors, Ferranti, that it’s been the victim of an elaborate fraud by a company it merged with two years ago, ISC, which inflated its profits and assets to make it appear more attractive. Includes interviews with chairman, Sir Derek Alun-Jones; Jim Muirhead(?), union convenor; Tim Hurst of City analysts, Smith-Newcourt.

Contributors

Clive Myrie; Derek Alun-Jones; Jim Muirhead(?); Tim Hurst

Keywords

USA; Fraud; UK; Arms industry; Ferranti; ISC

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