The Accountancy and Actuarial Discipline Board (AADB) has announced that it will investigating PricewaterhouseCoopers LLP and its staff in relation to its role as auditor to struggling sub-prime lender Cattles Plc. As previously reported on Manifest-I, Cattles has sacked six directors since March, when it discovered a £700m accounting discrepancy at its Welcome Financial Services […]
Read MoreCattles plc has announced a clear-out of its Board following the completion of a forensic review into its impairment provisions: Norman Broadhurst (Chairman), who previously announced he intended to retire at the AGM, has stood down from the board with immediate effect. David Postings (Chief Executive) is leaving the company with immediate effect, although will […]
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