The senior management departed the company abruptly, leaving Hitachi with no formal handover of administration and operations. This departure included an absence of sharing facts regarding the continuity of Fusionex's operation and company during their exit.”
The Court has also tasked the interim liquidators of your Fusionex Group of firms to challenge a report to the position in the enterprise and economical affairs of the businesses. It's hoped that this type of report may also lose some light about the state of Fusionex.
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An government from the company tells DNA, “We wish to wait for more clarity on what seriously took place at Fusionex before making any selections of assist.”
Hitachi court docket petition to wind up Fusionex, expose grim photograph of alleged unethical and irresponsible conduct by Ivan Teh and his senior leadership
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The petition contains a chronological get of astonishing situations wherever Hitachi accuses Ivan and members of his senior leadership workforce of, “refusal to supply crystal clear economical disclosures, the unexplained resignation of critical staff, and the lack of any data of customers, suppliers, and staff which show unethical and irresponsible organization perform.”
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