Iceberg does not deserve the legitimacy it is being given
DeeperDive is a beta AI feature. Refer to full articles for the facts.
I REFER to the report "Iceberg casts doubts on Noble review move" (BT, July 22) and the whole sorry saga of Noble, whose troubles began only a few months back with what I would call the ignoble Iceberg.
Ignoble is defined as "not honourable in character or purpose" and that is exactly how Iceberg has behaved from day one, regardless of how the Noble saga eventually ends. To this day, no one really knows who is Iceberg. The situation is no different from shooting someone in the back.
Out of nowhere and still incognito, Iceberg has positioned itself as judge, jury and executioner of all. Beyond backstabbing Noble publicly while knowing the consequences of that for a public-listed company, it now presumes to prejudge the work of PwC, a well-respected international public accounting firm.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance