PA understands Grant Thornton and Olswang were not given access to group accounts when they performed due diligence on the BHS
sale and relied largely on information certified by PwC.
Just this week, accounting regulator the Financial Reporting Council described BHS
's 2014 accounts as "incomplete, inaccurate and misleading".
Crucially, PwC and Denison allowed BHS
to class itself as a "going concern" and state that Taveta had "given an undertaking to provide the company with continuing financial support".
The 2015 GAA only allotted P1.135 billion for the construction, upgrading, expansion, repair and rehabilitation of 1,661 BHS
nationwide under the DOH budget, Zarate said.
For the second phase, P3.6 billion was allotted for the construction of 2,500 BHS
Bros submitted its Notice of Termination of Contract to the DOH and demanded payment of P2.1 B for its 429 BHS
accomplishment for phase 1 and phase 2 of the projects.
The ages and genders of the participants in the BHS
group and the control group were similar (p>0.05) (Table 1).
"The process of realising the assets of RAL can now commence to the benefit of all the creditors of the BHS
David Anderson (pictured), managing director of BHS
International, said the retailer's overseas business has enjoyed "strong growth" in recent years.
Marketing Director Peter Raschio declined to disclose terms of the contract with Al Ramooz, but said the deal is worth "several million dollars."
In a statement, BHS
Chief Executive Steve Miller said, "Al Ramooz has demonstrated environmental leadership and a commitment to material diversion from landfills in Oman.
IT will come as little consolation to the thousands of people who once worked for BHS
- including hundreds in Coventry and Warwickshire - but the former retail giant is set to live on as an online retailer of lighting and home furnishing products.