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  • FIRST POST
    • Popsicle64
    • By Popsicle64 10th Apr 18, 12:32 PM
    • 8Posts
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    Popsicle64
    Conflict of interest? Company going into administration & accountant related to staff at admin. Co.
    • #1
    • 10th Apr 18, 12:32 PM
    Conflict of interest? Company going into administration & accountant related to staff at admin. Co. 10th Apr 18 at 12:32 PM
    Hello
    I need to know if someone can advise me re what I think is a conflict of interest.
    A friend of mine his business is going into administration as a result of one of his business partners suspected of defrauding the business. We have just found out that the accountant of the company going into administration is related to a member of the staff at the Administration company that has been appointed.
    Is this a conflict of interest. If so what does my friend need to do?
    Thanks
    Last edited by Popsicle64; 10-04-2018 at 2:07 PM.
Page 1
    • luvchocolate
    • By luvchocolate 10th Apr 18, 1:48 PM
    • 1,555 Posts
    • 1,411 Thanks
    luvchocolate
    • #2
    • 10th Apr 18, 1:48 PM
    • #2
    • 10th Apr 18, 1:48 PM
    Hi I think a call to business debtline would be your best bet.
    • Popsicle64
    • By Popsicle64 10th Apr 18, 2:16 PM
    • 8 Posts
    • 0 Thanks
    Popsicle64
    • #3
    • 10th Apr 18, 2:16 PM
    • #3
    • 10th Apr 18, 2:16 PM
    Thank you. The accountant at the firm is the brother in law of my friends business partner and is also related to a director of the administration company that my friends business partner has taken on. I feel this is a conflict of interest. My friend has approached a member of the administration company but they are stating it is not a conflict of interest. My friends partner has also bid in the administration process and his bid has been accepted which means my friend losing everything.
    Last edited by Popsicle64; 10-04-2018 at 2:20 PM.
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