regarding CFO - I have no doubt he has to take lot of blame about the Hedge Book but the buck stops with the MD. The MD should have engaged third party as independent body to explore and present alternative transaction to the traditional hedge and then they should have run due diligence and cost/benefit analysis on both.
Are you saying or insinuating that none of those processes happened? And if so, how did you come across this information?
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regarding CFO - I have no doubt he has to take lot of blame...
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