Iceberg does not deserve the legitimacy it is being given
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.
TRENDING NOW
Britain’s mansion tax shows the difficulty of targeting wealth
Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing
The only common thing in S-E Asia is that we all eat rice: Cisco’s Asean president
Singapore data centre operator DayOne opts for US IPO at likely US$20 billion valuation
