Friday, February 15, 2013

REEBOK'S INACTION CAUSING DELAY IN PROBE: SFIO


  • The Serious Fraud Investigation Office (SFIO) started a probe against two top former Reebok employees for alleged financial irregularities and fraud in May 2012
  • SFIO was expected to give its report by Oct.
  • Reebok was required to file its audited annual accounts for 2011 by September 30, 2012. It failed to do so
  • In the absence of the accounting details from the sportswear maker, SFIO is yet to finalise its report.

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