The collapsed company “wrekin Construction” had placed a gemstone in its balance sheet that helped to underpin its finances. The Gem of Tanzania was listed in the accounts at £11million. Administrators of Ernst and Young are now trying to sell the “Wrekin Ruby” by placing advertisements in a couple of gemstone magazines. But now that the purple ruby has to be sold, it appears to be worth a lot less, maybe just £100. If they at least find a buyer of course…
Olivier Parys
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The collapsed company “wrekin Wrekin Construction” had placed a gemstone in its balance sheet that helped to underpin its finances. The Gem of Tanzania was listed in the accounts at £11million. Administrators of Ernst and Young are now trying to sell the “Wrekin Ruby” by placing advertisements in a couple of gemstone magazines. But now that the purple ruby has to be sold, it appears to be worth a lot less, maybe just £100. If they at least find a buyer of course…
try to step away from the source a bit more
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