News November 2013 Deloitte & Touche and Mr Maghsoud Einollahi, granted partial leave to appeal

Deloitte & Touche and Mr Maghsoud Einollahi, granted partial leave to appeal

20 November 2013


PN 099

Deloitte & Touche has been granted leave to appeal part of the decision of the independent Disciplinary Tribunal in relation to the MG Rover Group. Leave to appeal has been granted against the six findings in respect of the ‘Project Aircraft’ transaction but refused for the seven findings in respect of ‘Project Platinum’.
A date for the appeal hearing will be announced in due course.
The reasons supporting the decision can be found here:

 Decision on Leave to Appeal: Deloitte & Touche and Mr Maghsoud Einollahi

Notes to editors:
  1. The FRC is responsible for promoting high quality corporate governance and reporting to foster investment.  We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work.  We represent UK interests in international standard-setting.  We monitor and take action to promote the quality of corporate reporting and auditing.  We operate independent disciplinary arrangements for accountants and actuaries; and oversee the regulatory activities of the accountancy and actuarial professional bodies.
  1. Section 10(2) of The Accountancy Scheme outlines that an appeal can be made only on the following grounds;
(i) that the decision of the Disciplinary Tribunal was perverse or wrong in law; and/or
(ii) that there was injustice because of a serious procedural or other irregularity in the proceedings before the Disciplinary Tribunal; and/or
(iii) that significant and relevant new evidence has come to light which was not previously available to the Appellant and could not have become available to him or it on the making of reasonable enquiry; and/or
(iv) that the sanction imposed pursuant to paragraph 9(8) was manifestly unreasonable.
  1. All Press enquiries should be directed to: Peter Timberlake, Head of Communications on telephone: 020 7492 2397/ 07768 502332, or email Or to Sophie Broom, Communications Executive, on telephone: 020 7492 2395/ 07771 808464 or email:


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