Powerscreen lawsuit decision before Christmas?

23 October 1998

Powerscreen lawsuit decision before Christmas?

POWERSCREEN may be able to reach a decision on whether it will sue KPMG, its former auditor, before Christmas.

The Northern Ireland engineering company is waiting for legal advice about prior accounting irregularities at Matbro, its subsidiary.

The Serious Fraud Office is conducting an investigation.

• Powerscreen probe nears end, FWi, 23 September, 1998
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  The Times 23/10/98 page 32 (Business Roundup)