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Deloitte Quits As Auditor Of Scottish Side Rangers Over 'Threats' To Staff

Deloitte has "quit as auditors" of financially troubled Scottish Championship side Rangers after staff "received threatening and intimidating messages over a two year period," according to Martin Williams of the HERALD SCOTLAND. In a letter distributed to Rangers shareholders, Deloitte said that the messages came from "anonymous third party sources" during '13 and '14. In a separate letter to shareholders, RIFC Company Secretary James Blair said, "The board is disappointed that Deloitte has chosen to resign due to acts which occurred in 2013 and 2014 whilst RIFC was under different stewardship." The Deloitte letter stated, "We have decided that we no longer wish to carry on as auditor to the company. During the period of our audit appointment in 2013 and 2014, members of our engagement team and other Deloitte partners unconnected with the audit received threatening or intimidating messages from anonymous third party sources." Blair told shareholders there had been "positive discussions" ongoing with "alternative auditors" and that an announcement on an appointment will be made "in the near future" (HERALD SCOTLAND, 7/5).

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