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Final exec in Fuji Xerox scandal named

February 12, 2018

The identity of the remaining former Fuji Xerox senior executive implicated in the company’s well-documented accounting scandal has been revealed.

As the Otago Daily Times reports, Mark Donald Allright has now been named as “the second defendant listed in court documents between three branches of the Japanese-based company and three former senior executives.”

The other executives, whose identities were revealed last year, are former Fuji Xerox managing directors, Gavin Pollard and Neil Whittaker.

All three men were embroiled in the company’s infamous $355 million (€289.2 million) accounting scandal, revealed in an independent report published by the Japanese parent company in June 2017. The report “revealed “inappropriate accounting” in operations in New Zealand and Australia amounting to about $355 million (€289.2 million) between 2011 and 2016.”

As a result of these findings, in September 2017, civil proceedings against the three former executives were filed in Auckland’s High Court by Fuji Xerox New Zealand, Fuji Xerox Finance and Fuji Xerox Asia Pacific.

Allright had attempted to maintain his anonymity during the case, but his hopes for continued secrecy were scuppered following the recent dismissal of his application for interim name suppression by Justice Pheroze Jagose

Categories : Around the Industry

Tags : Accounts Scandal Fuji Xerox Legal New Zealand

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