Thomas Cook used its auditors to justify £5m bonus

Thomas Cook used its auditors to justify £5m bonus

Image copyright Getty Images Image caption Former Thomas Cook staff protest in London after the company went into liquidation

Audit firm EY, which signed off on Thomas Cook’s financial health before its collapse, also wrote a report used to award its former boss a £5m bonus.

The bonus, paid to former boss Manny Fontenla-Novoa, followed a heavily-criticised 2007 merger with MyTravel.

Senior EY…

View On WordPress

Sponsored


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x