MINING BUSINESS ENRC has admitted that external advisors were hired to investigate claims of financial irregularities – but no problems have been found.
An investigation took place into the transfer of assets between business units in Kazakhstan, reported The Telegraph.
“The audit committee is made up entirely of independent directors and if they had found anything to announce to the market, they would have announced it,” said a spokesman for the company.
For more companies and markets information, visit the Share Price Centre.
Does Darwin's theory apply to taxation? Colin ponders...
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned