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In line with its winding up petition, Hitachi stated it absolutely was alerted by Ivan in Sept 2023 that the corporate had endured a pointy drop in earnings followed by a shocking revelation from Ivan at a gathering on 27 Oct 2023 that it would need to chop costs, including immediate retrenchments, without the need of which it might not be ready to

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But this request with the proprietors of the company and its appointed directors and audit committee was denied by Ivan, all about the pretext of some “federal government directive” that prevented him from sharing financial data sought by Hitachi in a company they owned, a hundred%.On top of that, employing SaaS organization know-how and collab

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