The fusionex Diaries
The fusionex Diaries
Blog Article
As of publishing of this post, Ivan has not responded to DNA queries to obtain his facet from the Tale.
“There are truths, 50 % truths and some untruths of the various opinions and speculations out there. I would claim that we give Ivan some space and if the dust settles, We are going to know extra,” claimed The chief.
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Prior to my getting access to the Hitachi winding up petition papers, I'd invested Pretty much two weeks asking industry players, present-day and past Fusionex staff members about what might have long gone Improper but with little mild on what could have brought on this drastic decision by Hitachi.
Unbelievably, Hitachi mentioned cupboards within the finance department “appeared to happen to be emptied out” While using the economic data and administration accounts on the Fusionex Team and Fusiotech Holdings nowhere to be identified, apart from the stability sheet and consolidated assertion of monetary place as at 30.9.2023.
Such was Hitachi’s self confidence in Ivan that it remaining him and his management crew completely in charge of jogging FusioTech Holdings, The brand new business proven submit its acquisition.
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But a transparent photo emerges check my blog within the unusually in-depth winding up petition submitted by Hitachi, seen by DNA, wherever Hitachi chronologically lists a number of steps by Ivan and his leadership group above a 15-thirty day period time period that may be sweeping and amazing in scope, outlining flimsy excuses, non transparency and non-cooperation with Hitachi.
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The ecosystem leader goes on to say, “The Petition is highly damaging towards the management group that have a accountability to clarify themselves.