: :inin Kyiv (EET)

Ferrexpo finance chief sold £400,000 stake on eve of share slump


Selloff came hours before auditor resigned amid scandal over Ukraine charity paymentsThe chief financial officer of scandal-hit mining company Ferrexpo sold shares worth more than £400,000 the day before the FTSE 250 mining company lost almost a third of its market value.Chris Mawe sold 150,000 shares worth a total of £402,045 on Thursday, hours before accounting firm Deloitte resigned as auditor following a scandal surrounding potential misappropriation of money paid by Ferrexpo to a charity called Blooming Land, which supports local social and health projects in Ukraine. … …read more

Source: The Guardian

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