Some error? Wiggins mislaid £40 million ?

Thank God I'm not a accountant or for that matter a policeman but there is a very interesting story in the Isle Thanet Gazette today concerning an error in the accounts of Wiggins the former owners of Manston airport.

Apparently some error crept into Wiggins accounts which unfortunately was not picked up, this inadvertently resulted in a rosier picture of their accounts than was the actual case. It would appear unaware of the true picture Wiggins then managed to raise £42,500,000 from their shareholders.
The accountants joint disciplinary tribunal ruled ''the Wiggins accounts'' ''were materially defective in each and every way''.

The article makes no mention of whether this was subject to a police inquiry. I believe that there were many local investors maybe someone would like to comment.