Corporate DisclosureILFSL

ILFSL Corporate Disclosure — 27 December 2020

Published
Last verified by BullBD

Announcement summary

What happened
ILFSL published a corporate disclosure on 27 December 2020. Read the full announcement for details.
Company
International Leasing & Financial Services Limited
Announcement published

Original announcement

(Continuation news of ILFSL): Such illegitimate expenditure has been incurred by the company at the cost of interest of the depositors. Expense of the company for the year 2019 has been overstated by such expenditure. 08. Reference to Note # 24, total Salary and allowances of the employees of ILFSL for the year 2019 is Taka 97,137,252 which includes unauthorized increments given to its employees abnormally ranging from 9% to 25% without conducting any (cont.18)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054c9a
Original publication
Last verified by BullBD
Translation
BullBD
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