A forensic examination of computers at collapsed Top 50 accountancy firm
Wenham Major is under way, as administrators turn their attention from
protecting jobs and clients to returning funds to creditors.
shifting their attention after selling the core accounting business to
Bentley Jennison and preparing a deal to sell the insolvency practice to
Kiran Mistry, a senior manager in the practice. That deal is subject to
Wenham Major entered administration last week following a statement that
joint owner Ammar Azam had unearthed ‘financial irregularities’ in the Wenham
Major Private Client subsidiary. The private client arm was founded by Azam’s
fellow joint owner John Joyce, who is understood to be in hospital.
Wenham Major’s main creditor is HBOS, the firm’s bankers, who are understood
to have personal guarantees from both Azam and Joyce.
Administrators are understood to be preparing to talk with both partners as
they look into the collapse of the firm.
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
Colin responds to the call for 'Darwinism' in accountancy
A new partner, Dermot Callinan, has joined Saffery Champness from KPMG where he was recently the head of the UK private client advisory team