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Fictitious and fraudulent loans a ‘reportable irregularity’ – Spar.

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South African grocery chain Spar has conceded that ‘fictitious’ and ‘fraudulent’ loans flagged by its auditors and a team of lawyers, were reportable irregularities, saying they should have never happened.
Last year, the JSE-listed retailer, which operates on a franchise model, came under the spotlight following a slew of allegations against it.
18 Jan 2023 11PM English South Africa Business News · Investing

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