Link: Parmalat special
The latest figures are detailed in a preliminary review by PricewaterhouseCoopers.
However, the £234m figure could rise if investigators discover that Parmalat executives further padded sales and did not account for other losses and expenses.
PwC’s review comes in the same week as Enrico Bondi, the Italian-government appointed administrator will deliver the first draft of a restructuring plan for Parmalat.
He is expected to begin revoking deals such as the sale of Parmalat bonds. And up to 27 former Parmalat executives could, later this week, be indicted for market rigging and distributing false information by a Milan magistrate.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars