LONDON (Nov. 6)—Five former directors of SSL International P.L.C. have been charged with fraud offenses relating to the glove, condom and foot-care products group's financial reporting, the UK's Serious Fraud Office announced Nov. 5. The alleged offenses relate to overstatement of SSL's accounts for the 25 months to March 2000. The charges do not involve SSL or any of its present employees, the SFO emphasized. Those charged are Iain Cater, SSL's former group chief executive; Dieno George, ex-managing director for Continental Europe; Paul Sanders, ex-group finance director; Christine Davenport, former UK finance director; and Brian Ruane, former UK sales director. The five were charged at Macclesfield Magistrates' Court along with Colin Wilson, who was purchasing director of AAH Pharmaceuticals Ltd., a customer of SSL. All six defendants have been released on bail, pending trial, according to the SFO statement.
Former SSL execs face fraud charges
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