Ferrexpo's auditors find discrepancies - Credit Report

26 March 2019

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Ferrexpo, the Ukrainian iron ore pellet producer, released 1H18 results on 2 August 2018 and is due to release its FY18 financial results on 20 March 2019. At the beginning of February 2019, news was made public that Ferrexpo was to review charity payments after ‘discrepancies’ were found, and warned that auditors could qualify their assessment of the company’s accounts because of a review made into payments to a charitable foundation.