Hilarious comment about the Interim CEO in Europe . Top marks for that.
It would be alot funnier if you could actually trust the Execs at EML to be upfront about the state of affairs.
This video from 3 weeks ago, the Group CEO clearly restates that the Remediation plan with the Irish Central Bank will be complete by June 30th.
https://youtu.be/fhp9Wa-R4UU
Radio silence however since the Central Bank informed EML 2 weeks ago that the deadline will not be met and that they are still not happy with the measures taken to date.
They've also had a number of senior staff resign who were key to the remediation process. Is that linked?
How long is the remediation extended for?
Earnings Update or ?, page-24
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