TITLE

SFO probes £100m shortfall at Keydata

AUTHOR(S)
Stodell, Hannah
PUB. DATE
July 2009
SOURCE
Money Marketing;7/2/2009, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the investigation made by the British Serious Fraud Office on the missing assets of PricewaterhouseCoppers LLP (PwC) invested in Keydata Co. plans worth £103 million in 2009 in Great Britain. It states that PwC is aware that its investment in Keydata plans has not been returned since 2008, wherein they received information that the assets have been cashed in. It cites that the secure income bond of 5,500 investors of Keydata has been affected.
ACCESSION #
43257018

 

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