Wednesday, November 27, 2019

CG Power lenders hire audit company BDO to monitor fund flows

Lenders are reluctant to give fresh loans to the company hit by allegations of corporate governance violations and fraud. They are nervous about the way the cash flows are managed and want to monitor the daily expenses, and hence all expenditures will be approved through Belgium-headquartered auditing firm BDO.

from Energy-Industry-Economic Times https://ift.tt/2Dk5WxU

No comments:

Post a Comment