StockMarketWire.com - Ferrexpo pushed back the release of its full-year results after a probe into the group's charitable donations to Blooming Land had identified further discrepancies pointing to signs financial foul play.

As well as discrepancies within the copy bank statements provided by Blooming Land, the preliminary work of BDO, an independent review committee had identified a 'number of discrepancies' on the application of funds by Blooming Land and its sub-funds, indicating that the funds may not all have been used for their stated purpose.

Given the above developments, and the ongoing work of the IRC and its advisers, the group had decided to delay the publication of its FY 2018 results.






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