I do not accept that argument which, if correct, would provide die easiest possible escape from the rigours of equity’s strict principle of accountability. All that would be required would be for the profiting director to ensure that he diverts the profit into his own creature company. The facts of this case are that Burnstead was an offshore company which was wholly owned and controlled by Mr Dalby and in which nobody else had any beneficial interest. Everything it did was done on his directions and on his directions alone It had no sales force, technical team or other employees capable of carrying on any busi¬ness. its only function was to make and receive payments