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Saturday, 1 March 2014
ARE THE BOARD MEMBERS OF AVENTAS PREPARED TO BE DRAGGED INTO THE GUTTER BY ONE MILLION EURO MAN?
If there is a public inquiry or criminal charges for gross misconduct, reckless trading, and wilful destruction of the company, how will the board answer the following questions;
1 Do they believe that they fulfilled their fiduciary duties as Board members and acted responsibly at all times and did they condone the many questionable practices by Management at Quinn Group/ Aventas such as selling assets to people with a conflict of interest and without fulfilling proper procedures?
2 Has the tendering and advertising process been transparent and will it stand up to public scrutiny?
3 Did they approve the selling of assets when the question of ownership of the company has still to be ruled on in a court of law? Did they approve the sale of the lorries etc.? It will not be long until Paul O'Brien rides into the sunset with his big fat wad of cash and are they happy to stand over all the actions that took place under their watch as Board Members? Are they supportive of the fact that many of the assets have been sold to the disadvantage of the company and the fact that these assets cannot be recouped when the fat cats have departed.
4 Can they stand over how the company has been managed (mismanaged is more appropriate) eg chaos in Roof Tile factory, Glass and Pre Stress?
The above is only a sample of the questions that they will face when they are left to carry the can.
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