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Although the dust is not really about to decide on this story as Ivan and his senior execs who left out of the blue are hoping for. Not when The solution to Hitachi’s drastic winding up software is laid bare within the comprehensive court docket submission.
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Exceptionally, Hitachi mentioned cupboards within the finance department “appeared to happen to be emptied out” With all the economic records and administration accounts from the Fusionex Team and Fusiotech Holdings nowhere to become found, aside from the harmony sheet and consolidated statement of monetary place as at thirty.nine.2023.
“This selection stems within the insurmountable worries arising through the insufficient handover of documents and data because of the previous management, which properly still left Hitachi with no sort of data concerning the administration, functions, and continuity in the organization of Fusionex Group,” he said.
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But a clear picture emerges within the unusually specific YOURURL.com winding up petition filed by Hitachi, seen by DNA, where by Hitachi chronologically lists a number of steps by Ivan and his leadership group in excess of a fifteen-month period of time that may be sweeping and spectacular in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.
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