RE: I do think that Sidara is25 May 2025 13:15
I would like to know who was responsible for this mess as it refers to inappropriate management pressures to maintain previous positions. Was KG part of this inappropriate behaviour? Ideally I feel we should see the report to decide how to vote in the AGM. ?
As a result of the Review, Wood has identified material weaknesses and failures in the Group's financial culture within the Projects business unit and engagement between Group Finance and Projects. This included inappropriate management pressure and override to maintain previously reported positions, including through unsupported dispensations, and over-optimism and/or lack of evidence in respect of accounting judgements. The cultural failings appear to have led to instances of information being inappropriately withheld from, and unreliable information being provided to, Wood's auditors.