But his investment was rather larger. In fact, he loaded up his personal equity plan (PEP), his wife’s PEP and then plundered his bank account, leaving him with almost £67,000 worth of Viglen shares.pic.twitter.com/goNeZr9oeE
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Proof that Piers Morgan’s relationship with the truth is sometimes tenuous. 20 years ago today the Daily Telegraph ran an article where he admits to buying “about £20,000 worth” of Viglen shares the day before the company was tipped in the paper he edited.pic.twitter.com/Y4MDrWbJZ8
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He was intent on keeping his PEP purchases secret, telling DTI inspectors (during an interview under caution), that he was “sensitive” and “paranoid” about it because if this info leaked out it would be “on the front page of the Sunday Times in about three microseconds.”pic.twitter.com/RrFuxDG76J
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The day after he bought the shares, Viglen’s share price soared. It was reported soon after that the London Stock Exchange was investigating suspicious trades in Viglen, which
@piersmorgan told DTI inspectors caused his bowels to “twitch”.pic.twitter.com/1WcAyE9fwO
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Under considerable pressure from Trinity Mirror (now Reach plc), Morgan sold all his shares in Viglen and gave the profit (some £18k) to a few charities including the Canine Defence League (now
@DogsTrust). But the cheques got lost in the post.pic.twitter.com/2P8YKx6H6D
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Why is this relevant 20 years on? Because Prince Harry has brought a legal action against The Mirror for phone-hacking - while
@piersmorgan was its editor. So it would be understandable if his bowels were beginning to twitch again.https://www.thedailybeast.com/prince-harry-launches-all-out-war-on-the-sun-and-mirror-and-piers-morgan-in-phone-hacking-cases …Prikaži ovu nit -
If he is called upon to give evidence he might well be required to tell ALL, under oath, about phone-hacking at The Mirror while he was editor. But given his track record on things like share dealing/Viglen, can he be relied upon to tell the truth?
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And just in case the name
@jameshipwell sounds familiar, especially to@PrivateEyeNews and@guardian readers, Hipwell was, er, intimately involved with the scandal. Check Wikipedia. -
I took the trouble to read up on it. Definitely at the heart of it all. The only grace I would give Mr Hipwell is the fact he became a whistle-blower and lifted the curtain. Personally, I think it lends credibility to everything he has said here.
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Isn't that a tad illegal?
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Insider trading I think it's called
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Čini se da učitavanje traje već neko vrijeme.
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