The cleverness Peverel demonstrated over the Cirrus scam was revealed in The Oldie magazine this week.
Had Peverel not suddenly decided to come clean in December 2009 – just after the issue had been reported in the Times, but before the full Carlex submission arrived in January 2010 – it could have been fined 30 per cent of annual turnover for breach of competition law.
That’s more than £4 million.
The Oldie is edited by former Private Eye editor Richard Ingrams, and is widely reader by mature readers, including those with influence.
It has taken a particular interest in Peverel.