Speedy says lost equipment ‘not fraud or theft’

Murray Pollok Managing Editor, IRN & Director of Content, KHL

18 May 2023

UK rental company Speedy said the £20.4 million shortfall in its non-powered fleet identified in February was not caused by fraud or theft but the result of problems with accounting procedures.

Speedy said an investigation had identified “problems with the company’s controls and accounting procedures for non-itemised assets over a…

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