Greencore announces €21m cost concealment fraud at its Scottish Mineral Water business
Jun 25th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Greencore, the Irish food and property group today announced that it has uncovered a deliberate concealment of costs at its Scottish Mineral Water business which has led to a material misstatement of financial performance covering the financial years 2006, 2007 and the current financial year. The impact on earnings totals €21m.