: :inin Kyiv (EET)

Ferrexpo says funds to Ukrainian charity may have been misappropriated


London-listed mining firm says none of its directors or employees are implicatedLondon-listed mining company Ferrexpo has found that money donated by the company to a Ukrainian charity may have been “misappropriated” – but said that none of its directors or employees were implicated.The company, which mines iron ore in Ukraine for the steel industry, has been embroiled in scandal for months after its previous auditors, Deloitte, demanded an investigation into $110m (£90m) in payments to Blooming Land, a Ukrainian healthcare charity. Continue reading… …read more

Source:: The Guardian

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