After last weekend’s exposure by the Telegraph that Mahmud Kamani, founder and Vice Chair of the boohoo group, had used various measures through the group to gain £100,000 for himself, the Frasers Group has sought his removal.
Frasers Group, which is the largest shareholder in the business, is demanding a very necessary independent investigation of the matter, pending such results it wants Kamani and any associates to be suspended.
Frasers firmly believes that this investigation and Mr. Kamani's suspension are required in order to protect the interests of boohoo, its shareholders a...
