Corporate enforcer contacts Datalex as company losses hit $50m

Corporate enforcer contacts Datalex as company losses hit $50m
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...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post