Sunday World (South Africa)

Oceana claims report finds nothing fishy

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Oceana, which owns canned fish brand Lucky Star, has moved to assure the markets that it is business as usual amidst allegation­s of wrongdoing by the company’s senior executives.

The company said an Ensafrica Forensics independen­t forensic investigat­ion is expected to be completed on Friday and based on the preliminar­y feedback received “no current or former employees and/or directors are likely to be implicated in any matters resulting in financial loss to the company and furthermor­e that none of the matters considered as part of the Ensafrica Forensics investigat­ion is likely to result in a financial loss to the company.”

Oceana’s CFO Hajra Karrim was suspended earlier this month, and a week later, the company’s CEO Imraan Soomra resigned.

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