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Pescanova

Pescanova board knew of liquidity crunch in October 2012, says former chairman’s brother

Prosecutors seize on testimony to denounce company's claims that first signs of problems emerged only in December 2012, as Fernando Fernandez says company agreed to sell assets in Chile two months prior

By Undercurrent News | Oct. 18, 2013 09:25 BST
Pescanova
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Pescanova's board knew of the company's liquidity issues already in October 2012, said Fernando Fernandez de Sousa-Faro, brother of Pescanova’s former chairman Manuel Fernandez, as he testified in the Spanish high court on Thursday [...]

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