State Bank of India : Ottoman Fund uncovers unauthorised payments

Ottoman Fund Limited has called in forensic accountants after discovering some unauthorised expense payments made from its Turkish subsidiaries. The company believes the unauthorised expense payments amount to under US$2m in aggregate. Ottoman Fund has appointed forensic accountants to investigate the matter and is consulting advisers to establish whether it can recover any amounts paid. At 4:05pm: (LON:OTM) Ottoman Fund The Ltd share price was -3.5p at 19p Story provided by StockMarketWire.