Australasia
A leading European Corporate Broker approached Diligence after having been asked to represent a Mining Company that wished to raise capital on the London Stock Exchanges AiM index. The broker had become concerned by rumours surrounding the company's CEO and approached Diligence regarding the 'Due Diligence Service for Nomads and Brokers'.
Diligence provided open source research and undertook discreet enquiries that revealed that the CEO had, indeed, overlooked the fact that he was still subject to criminal proceedings regarding accusations of fraud in a previous appointment. The Broker chose to recommend to the Board that it replace the CEO before considering a public listing.