Strange article in the Prufrock column of The Sunday Times published 2nd August 2015
KEEPING the books for a £200bn behemoth is an endlessly taxing task. Just ask Simon Henry, Royal Dutch Spell’s finance director, who last week unveiled a plunge in profits of almost 40%.
Thankfully, he can call on exemplary advice to help keep track of Shell’s petrodollars. The company’s chief auditor is Ross Hunter at PwC – a man with an interesting past. According to the accounting firm’s website, Hunter helped Nat Rothschild’s Bumi in its “transition from a cash shell to a leading Indonesia-based thermal coal group”.
Curiously, there is no mention of Bumi’s subsequent fall, a shredded share price, allegations of corruption and a missing $270m. Of course, none of the blame can be pinned on Hunter. As Shell shareholders will doubtless agree, he’s just the man to count the beans at Britain’s largest public company.
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