Building services company T Clarke is investigating the theft of £2.8m by an employee.
In a statement to the stock exchange the contractor revealed that it was investigating “financial irregularities” in the accounting function of one of its subsidiaries, DG Robson Mechanical Services, and it would appear that the funds had been misappropriated by a single employee over several years.
The company said it has “taken appropriate action”, including the appointment of professional advisers to assist with its investigations and help recover the stolen funds.
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