August 18, 2014
The Local Authority Pension Fund Forum (LAPFF) has called for Betfair to appoint ‘new independent directors’, to investigate the operator’s dividend payments over the past three years. The LAPFF have additionally asked for a further investigation of Betfair’s auditors KPMG and a review of Betfair corporate governance. Betfair investors received the strongly worded letter from the LAPFF this weekend, questioning …
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