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Grant Thornton U.K. Flees DX Audit Over Governance Probe (1)

Feb. 4, 2022, 3:20 PMUpdated: Feb. 4, 2022, 6:36 PM

Grant Thornton LLP has resigned as auditor of a London-listed logistics firm over corporate governance concerns, in another case of U.K. auditors fleeing high-risk clients.

In a statement Friday, DX Group Plc said that Grant Thornton had resigned because DX gave inaccurate information to an ongoing inquiry into its corporate governance. DX shares have been suspended from trading because the company didn’t meet a January deadline to publish audited financials.

  • The auditor resigned over claims of “actual or potential breaches of law and/or regulations by the company” and “the provision of inaccurate information,” DX said. ...