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04.03.26 - 14:49
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UK oil firm fined £13m for repeatedly publishing inaccurate financial results (The Guardian)
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Wood Group's 'desire to maintain previously stated financial results' influenced inaccurate reporting, says regulatorJohn Wood Group has been fined nearly £13m for repeatedly publishing inaccurate financial results.The FTSE-listed oil and has engineering company, which is soon to be bought by a Dubai-based rival, has previously admitted that “cultural failings” led to information being kept from auditors. Continue reading......
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