The Bumi scandal reaches break-up point

A year ago, London Mining Network identified Bumi plc as a glaring example of abject failure in corporate oversight by Britain’s Financial Services Authority (FSA). By that point, the FSA

Bumi: we said so, didn't we?

…characterised the operations of so many mining companies registered in London. See our February report for our recommendations. FSA to tackle listing rules as Bumi debacle escalates London’s ambitions to…