Edikan Akpan - Bellagraph Nova Group the Singapore-registered company that says it is close to buying England Premier League football club Newcastle United admits it doctored photos of former U.S. President Barack Obama in marketing materials used to publicize the newly formed business group.
Bellagraph Nova Group (BN Group) also said some of the information in those materials was released prematurely or contained errors.
A representative of BN Group’s principals, Nereides Antonio Giamundo de Bourbon, head of investor relations, acknowledged that the company had altered photos of Obama to make it look as though he had attended a meeting with its executives in Paris.
It's has been reported that BN Group has now removed the photos from its website.
However, Bourbon denied that the company had deliberately made any false claims about certain aspects of its business.
The company, which says it had a turnover of $12 billion last year and describes itself in marketing materials as the “world’s fastest growing conglomerate”, has said on its website and in press releases that it is headquartered in Paris.
No company called Bellagraph Nova Group is registered in France, according to official online records checked by Reuters on Friday. Reuters said it could not find any company by that name at the address it has given - 10 Place Vendome - when a reporter visited on Tuesday(18), August.
If evidence is found to prove BN Group deliberately doctored the image to boost it market and others, it ambition to buy the English side maybe terminated.
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