This isn’t the point you think it is. This proves that this information was known publicly by 2013. It also means BDO will have asked themselves at that point (even if they hadn’t before) if the classification in the audit was correct. Likewise even having seen the PLs position in this case, they clearly agreed with City’s position as demonstrated by the 15th(?) year of audited accounts concluding those entities are not RPs.
The idea the PL can revisit an arguable (ie subjective) accounting standards point for years outside the limitation period but chose not to
pursue either at the time or for the years from 2018 to 2024 is obviously wrong.
Furthermore, the very extension of the RP rules to APTs demonstrates that the PL did not have the necessary power to demonstrate the audits have all been wrong.
And even if these parties are RPs, the idea that the PL could now a decade on (or more) demonstrate these deals were not FMV is fanciful especially when some of them aren’t even material.
You are looking very troll like.
