Geldof Director in Link to Regal Affair

Mail on SundayJune 13, 2005

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Summary


PHILIP Caldwell, a director of one of Live8 organiser Bob Geldof's companies, has emerged as a key figure in the Regal Petroleum affair, Financial Mail has established.

Caldwell, an investment manager based in Guernsey, acts for former Regal Petroleum chairman Frank Timis as well as for offshore investors who appear to have sold their shares before the Regal bubble burst.

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Extract


Geldof Director in Link to Regal Affair

Last week, Timis was forced to resign following exaggerated claims over the...

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