Drake and Scull chairman and board member resign amid investigation
Christian Fernsby ▼ | May 8, 2019
Drake and Scull International, the Dubai-based contractor undergoing a restructuring amid years of losses, is under investigation by UAE regulator the Emirates Securities and Commodities Authority, it confirmed in a stock exchange filing on Monday.Article continues below The ESCA has set up an audit committee to examine DSI’s financial statements, as the construction firm continues to report widening losses and a string of senior management exits. ■ What to read next
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