Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2006
Accounting-treatment review and executive dismissal
A review prompted by inquiries from the Financial Reporting Review Panel examined the treatment of certain prior-year adjustments in Sanctuary’s 2005 accounts. The board stated that the adjustments should have been presented as corrections of fundamental errors rather than changes in accounting policy. Andy Taylor was dismissed as chief executive in May 2006. The available reference material describes a corporate accounting and governance controversy but does not establish criminal wrongdoing.