US EditionFormer Carillion Directors Pick Up FCA Fines
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2 Articles
Former Carillion Directors Pick Up FCA Fines
The latest from the FCA for you; The Financial Conduct Authority (FCA) has fined 2 former finance directors for their part in misleading statements being issued by Carillion plc. Richard Adam and Zafar Khan were [...] The post Former Carillion Directors Pick Up FCA Fines appeared first on .
Former Carillion finance directors fined by the FCA
The Financial Conduct Authority (FCA) has fined former Carillion finance directors, Richard Adam and Zafar Khan for their part in misleading statements being issued by Carillion plc. The FCA says both were aware of serious financial troubles in Carillion’s UK construction business but failed to reflect this in company announcements or alert the Board and audit committee, leading to poor oversight. Adam and Khan have now been fined £232,800 and £…
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