Nat Rothschild

In today's article ‘Nat Rothschild shared £10m Bumi expenses’ we stated that Nat Rothschild had personally received $4.9m in expenses from Bumi and used the money to purchase a private jet. This was incorrect and the payment was reimbursement for third party expenses, approved by Bumi’s audit committee and in fact structured in such a way as to save the company $2m. We apologise to Mr Rothschild for any embarrassment caused.