Update: The row between ThomasLloyd Energy Impact (TLEI) and its fund manager has escalated with the board of the renewables fund saying it has been told by a whistleblower that Thomas Lloyd Global Asset Management knew about problems in its ‘Rums’ solar project a year ago.
‘It therefore appears that key information was withheld from the board and misleading information given to it, over a protracted period of time,’ it said in a statement highlighting a ‘number of inaccurate statements’ by the Zurich-headquartered investment group.
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