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BRIEF-Concha investigating financial irregularities at Moshen Ltd
August 27, 2013 / 6:18 AM / 4 years ago

BRIEF-Concha investigating financial irregularities at Moshen Ltd

Aug 27 (Reuters) - Concha PLC : * Uncovered apparent financial irregularities indicate working capital

shortfall within moshen ltd * Made aware of a significant creditor claim resulting from a material contract

which was not disclosed * Chief executive of moshen has been * suspended pending the outcome of the

investigation * Irregularity pertains to contract unconnected with moshen’s core activities

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