Afren Share Discussion Threads

[bountyhunter] 23/12/2021 21:05

An unpleasant memory and a lesson learnt.

[glavey] 23/12/2021 08:56

Was their property confiscated?

[thelongandtheshortandthetall] 22/12/2021 23:23

Afren was a big part of my investing apprenticeship.
Such a shame the old thread got deleted. I'd love to go back and read some of it.

[pinemartin9] 22/12/2021 22:15

Just had my statement from HL to say that my shares have formally been dissolved! What a dodgy outfit those Directors were. Bad decision I made to ever invest here. Water under the bridge and the end of a sorry saga!

[steve73] 20/12/2018 02:32

Pity the courts can't seize their ill-gotten assets and distribute the proceeds to the shareholders who suffered losses.

[andy84uk] 19/12/2018 16:14

They have been sent to prison. 30 years between them both.

[bow 1975] 06/11/2018 00:27

I think you have a point to be honest

[wong77] 05/11/2018 23:34

Can’t shareholders claim any compensation?

[bigboots] 30/10/2018 15:11

I think we have a claim against the FSCS for AIM not regulating the company properly and for the research notes given out by regulated companies to investor which were not correct, causing financial loss

[glavey] 29/10/2018 16:11

Former Afren oil executives sentenced to total of 30 years

[sludgesurfer] 26/10/2018 08:53

tann93,

Not a sausage imo. We're last in the queue.

[duckdown] 26/10/2018 08:32

Sentencing on Monday. Hope they throw the book at them.

[tann93] 25/10/2018 13:19

Any chance of us seeing any monies?

[sludgesurfer] 25/10/2018 12:58

hxxp://www.cityam.com/266856/ex-afren-executives-guilty-300m-oil-business-deal-fraud-

[fangorn2] 25/10/2018 08:22

Two London oil and gas executives were convicted yesterday of a fraud that made them more than £13 million personally in a £35 million money-laundering operation. Osman Shahenshah and Shahid Ullah, the former chief executive and chief operating officer respectively of Afren, were found guilty of fraud and money-laundering offences by deceiving the British company’s board into agreeing a deal valued at more than £230 million. – The Times

[pgtops] 22/10/2018 13:37

Jury's out on Osman trial...

[pgtops] 25/9/2018 18:03

Anyone with a 'trial' update?

[debbiegee] 21/9/2018 11:13

Apparently this was posted on the other Leesons thread but it is closed

[pgtops] 21/8/2018 17:12

Court Cases3 Sep 2018 Afren PlcSouthwark Crown CourtR v Shahid Ullah and Osman ShahenshahTrial to startHope they throw again the key!However think I'm talking to myself on this bb lol

[pgtops] 12/5/2018 06:48

Osman in the dock 3rd Sept!https://www.sfo.gov.uk/court-calendar/