FF Group: Greek Commission Position Product of Misunderstanding

16
Jun

FF Group: Greek Commission Position Product of Misunderstanding

FF Group: Greek Commission Position Product of Misunderstanding

By Sotiris Nikas

(Bloomberg) — 

Folli Follie Group considers the Hellenic Capital Market Commission’s position that the Group refused to carry out a full audit is a product of misunderstanding “as our Group has done everything in its capacity to do so,” co. says in emailed statement.

  • “EY for its own reasons did not proceed with a full audit and proposed agreed upon audit procedures for specific accounts of the financial statements for the year 2017,” FF says
  • Company considers as “unfounded” HCMC’s announcement regarding the implementation of another extraordinary audit
  • NOTE: Greek Regulator Sues Folli Follie Directors Over Financial Data

 

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