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OW trustees question financial reports from 2011-2013

Three years of consolidated financial reports from OW Bunker might have given a completely distorted picture of the company, which thousands of shareholders invested in. Trustees are currently investigating whether the financial reports from 2011-2013 painted the right picture.

Photo: Kasper Palsnov/Jyllands-Posten

A crucial point in the general settlement following the collapse of OW Bunker are the financial reports published before the IPO in the spring 2014, which caused about 20,000 investors to put their money in the company.

Now the trustees, who are currently performing the large-scale settlement of the estate, will assess the accuracy of the financial reports that preceded the share issue and on the basis of which private as well as professional investors decided whether to purchase shares in the company.

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