Questions raised over Guardian iT accounts
Accounting discrepancies at much-troubled Guardian iT have prompted chairman Richard Raworth to resign, although he stressed he...
The discrepancies of up to £4m were uncovered for the year ending 31 December, 2001 and for earlier periods.
The company warned that it has revised profits for the second time in two months, from between £13m and £14m in December's forecast to £11.5m to £12.5m.Guardian iT will also take exceptional operating charges of up to £19m.
In addition, it revealed there had been preliminary discussions which could lead to an offer for the company.
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