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Equity Trustees recruits 2 new additions

Equity Trustees recruits 2 new additions
investordaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investordaily.com.au Daily Mail and Mail on Sunday newspapers.

Report on former chief executive Ian Westley s payout investigation expected in near future

A report states “we routinely examine termination payments to chief officers when auditing the financial statements.” A recorded decision to enter the settlement agreement with Ian Westley was not located, the report adds, and “appeared unusual” and “audit fieldwork is substantially complete.” It adds that because of the “complex nature” of some issues external legal advice had also been sought. “In the near future we will draft a document setting out our provisional findings and conclusions. “Once this document is ready we will commence a clearance process to confirm factual accuracy. If the document contains criticism of identifiable individuals, in the first instance we will provide those individuals with any extracts of the document that pertain to them.

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