Punter5,The phrase "violating accounting standards" was in my...

Punter5,

The phrase "violating accounting standards" was in my question

"What's wrong with it if the company did violate Accounting Standards and the "business" was indeed Ponzi?"

which was in response to your question

"Are you then saying that the company did not comply with International Accounting Standards and the Auditors who signed off on the accounts were fraudulent?
Massive call".

So it was never a "huge backward step" as you said from whatever my initial claims.

I still firmly regard the GTP/TIM's MIS model was fraudulent and a PONZI!