Valeant (VRX) Audit Head Oversaw Similar Role At A Fraud

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Mani
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Norma Provencio, who currently leads Valeant Pharmaceuticals board’s audit committee, was previously a director of a publicly traded company that failed after the government cracked down on a half-decade of fraud beginning in 2005. Provencio was an accounting consultant before Signalife’s public offering, and starting in mid-2005, she was a director in charge of the board’s audit committee. Valeant Pharma allegedly involved in accounting fraud As outlined by ValueWalk, last October, a research report from Citron Research claimed Valeant is a part of an Enron-like fraud. The Citron research piece highlights shady relationships with Philidor RX Services, a Hatboro, PA…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports