BOSETU knee-deep in sleaze - Auditors

ZHE is a logistics company, which is now on its knees despite BOSETU having injected at least P30 million in it. BOSETU had engaged Pashur Investments to carry out an audit into the company it had bought a 25% stake in three years ago. They wanted the auditors to undertake a review of the current status of business, determine future prospects of business success and whether it could be worthy to continue investing in it.

They were also tasked with establishing whether funds invested by BOSETU have been used appropriately for the purpose of the business.