David Whitehead Textiles Ltd shareholders have expressed concern over the credibility of the financial statements submitted by its judicial manager Knowledge Hofisi after auditors issued an adverse opinion on the figures.
The auditors also claimed they were denied full access to documents they requested. According to documents seen by businessdigest this week, shareholders feel that they will not sell their shares to prospective investors until key issues relating to his failure to submit financial statements for four financial years are addressed.
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