Monday, September 26, 2016

Former managing director denies Allied Newspapers claims

The former managing director of Allied Newspapers, Adrian Hillman, has denied claims by his former employers that he used company funds without the authorisation of the board of directors. Mr Hillman made his denial in a judicial letter after Allied Newspapers last week filed a judicial letter calling on him to refund money he had used without authorisation during his tenure. The company called on Mr Hillman to repay amounts spent on company credit cards or transferred to other bank accounts without authorisation, justification or documentation. It is also called on Mr Hillman to repay it money related to the unauthorised purchase of cars using company funds as well as money spent on "unilateral and abusive" wage increases he awarded himself. But Mr Hillman said the claims were completely baseless. He denied making unauthorised spending and said such spending was regularly registered and approved by the auditors and the board, as well as the annual general meeting. This applied also to the car bought for his use as well as other cars, which were bought in line with company practice. He insisted that any pay rise he received was revealed to the board and approved by the company...

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