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BT BT Group PLC

10.57
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BT Group PLC NYSE:BT NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 10.57 0 01:00:00

Investigators Link BT Senior Executives to Italian Accounting Scandal -Reuters

23/04/2019 11:46am

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BT (NYSE:BT)
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--An investigation into an accounting scandal at BT Group PLC's Italian arm has found evidence of involvement of senior executives in inflating the unit's results, Reuters reports, citing emails seized by the police.

--BT leadership requested that managers of the Italian unit achieve financial targets using knowingly wrong accounting practices, according to Reuters.

--A BT spokesperson said it would be inappropriate for the company to comment on the ongoing investigation.

 

Full story: https://reut.rs/2vfYC2t

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

April 23, 2019 06:31 ET (10:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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