Oceana investors could get answers on forensic probe this week
06 March 2022 - 20:19
Investors in Oceana are hoping their patience in Africa’s largest fishing group will be rewarded this week with the publication of its delayed annual financial results and the findings of a forensic investigation into allegations of accounting irregularities at its US subsidiary.
The probe was prompted by a tip-off from a whistle-blower about dubious financial activities related to the accounting treatment of the group’s 25% shareholding in Westbank Fishing that is held by Daybrook Fisheries, a subsidiary of Oceana...
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