22-02-2018, 07:32
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#45
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
Services: XL BB, 3 360 boxes , XL TV.
Posts: 56,308
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Re: Carillion Crisis
Carillion was in trouble by mid-2016, says whistleblower.
Quote:
“Anyone in the business knew there were major problems, even middle managers,” the former Carillion executive told the Guardian.
“The supply chain wasn’t being paid, money was getting transferred [between different parts of the group] to pay salaries, loans were coming in from the UK to the whole of the Middle East. By mid-2016 we were already seeing these problems.”
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https://www.theguardian.com/business...-whistleblower
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“The only lesson you can learn from history is that it repeats itself”
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