Friday November 22, 2019

Corporate enforcer contacts Datalex as company losses hit $50m

By Ian Guider

Markets Editor

@ianguider
6th September, 2019

21/03/2017. Maureen Haughey Funeral. Pictured Dermot Desmond attending the Maureen Haughey Funeral in St. Sylvester's Parish Church in Malahide, Dublin. Photo: Sam Boal/Rollingnews.ie

The corporate enforcer has contacted Datalex about its accounting irregularities as the under fire travel software company slumped to a record loss of $50 million.

Datalex said the Office of the Director of Corporate Enforcement (ODCE) has sought a copy of the independent review of Datalex’s books carried out by PwC earlier this year, which found the company may have misstated its accounts for 2018. The company said today that it is fully co-operating with the...

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