Quindell and SFO

At the Quindell AGM held on the 2nd September 2015, Richard Rose made the following comment about the SFO investigation.

SFO have no concerns about the current company or its BoD or it’s accounting processes or the way it does business. Their enquiries are exclusively focused on the past.

NB: I was not at the meeting so the actual wording could be slightly differenet

It will be interesting to see if  journalists present at the meeting find this statement newsworthy.

It was also pointed out that historically the largest SFO fines against other companies would only amount to a tiny fraction of Quindell assets.

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