Ann: Half Year Report and Accounts, page-16

While I agree with you, how long are you going to flog this dead horse for? Yes the dodgy loan is obviously unethical but this is something that happens in public and private companies all over the world. In regards to the rent. How much do you think they would pay elsewhere? Did you also notice the directors payments weren't that high? Could it possibly be a more tax effective way to pay themselves more? Would you be happier if the rent was lower but directors fees higher?