Lisa, Emanuel and Bill are good friends. They operate a small restaurant in Lincolnshire, England, by incorporating a company called Silicon plc with a share capital of 1,000,000 ordinary shares of 1 each. Lisa, Emanuel and Bill are the directors of Silicon plc. Each of them owned 100,000 shares in the company while several other investors held the remaining 700,000 shares. In early 2018, Emanuel suggested to Lisa and Bill to hire a marketing firm run by his brother, Benedict, to promote the restaurant's business. Edward, however, did not mention that he owned 20% of the ordinary shares in his brother's company. The board of Silicon plc has yet to decide whether to hire the marketing firm of Benedict to promote the restaurant's business.Bill had acquired a large sum of money from smuggling. He invested the money in Silicon plc by converting the illegal money into legitimate business profit with the help of the restaurant business. Lisa was aware of the illegal money from smuggling but she did nothing regarding the matter.

Required

a) Discuss the fiduciary duties of directors and advise Silicon plc whether Emanuel had breached his duties as its director.

b) Demonstrate whether both Lisa and Bill could be guilty under criminal offence relating to money laundering.

Please be as detailed as possible