RE: Sipiem Court Case6 Feb 2025 10:14
June 2024: This was a significant step because, for the first time, the court upheld the liability of Sipiem’s former directors, statutory auditors, and extended it to include the members of the internal audit committee, and the family members of the main defendant. This extension affected parties for whom the enforcement of the lower court’s judgment had previously been stayed pending appeal
Through future announcements, stakeholders are encouraged to stay updated on efforts to recover funds and on any additional legal matters related to this complex case.