• Home
  • Articles
  • British firm Teyuteme Oil goes bust two years after being exposed by OffshoreAlert

British firm Teyuteme Oil goes bust two years after being exposed by OffshoreAlert

British firm Teyuteme Oil Plc, which OffshoreAlert exposed as a 'crude vehicle to fleece investors' 27 months ago, has gone into liquidation with an estimated £10.9 million loss of funds invested by a Gibraltar company that's owned by a Cayman Islands fund vehicle.