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By Paul Lashmar

September 28, 2003

Imperial chiefs paid themselves over £6m

Intro:
 
The disgraced bosses of Imperial Consolidated, the UK-based offshore financial group, paid themselves in excess of £6m in the group's short life before it collapsed in 2002 owing investors £220m.
 
 
Excerpt: David Marchant, publisher of the Offshore Alert newsletter, which has closely monitored the Imperial debacle, said yesterday: "These reports will make for sobering reading for any Imperial Consolidated investor who is hoping for a significant recovery from the winding up of the group's affairs."
 
 
 

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