Accidentcare Group held its annual general meeting today to approve accounts for the 2000 year of account. The chairman, Roy Kent, made a statement on the delay in providing the audited accounts.
He said the delay resulted from the previous chief executive leaving Accidentcare. He explained that the company had announced the discovery of "financial irregularities perpetrated by him [the previous CEO] and the fact that we had recovered from him the money misappropriated and the costs of recovery".
Kent said that the company had now entered a new phase of stability, aided by its shareholders increasing their investments and the appointment of new chief executive Mike Eve last November.