We have been asked to make clear that it is not aAIM Group that has gone into administration as we reported on December 4 (Frost and Ferguson hit as £3bn property fund collapse) but its subsidiary aAIM Ltd (now called JCCO 114 Ltd).
Sir David Frost was the chairman of the aAIM Group Advisory Panel (a position that he relinquished in late 2007), not of the fund board.
We are happy to set the record straight.
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Tonight:
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