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Indistinct investigation:The Guardian reported that GVC Holdings, which is responsible for the Ladbrokes and Coral-branded chains of retail sportbetting venues, had previously thought that the inquiry was interested in third-party suppliers that had once processed payments for its online operations in Turkey, where such activities are now outlawed.According to a Tuesday report from The Guardian newspaper, the initial probe from Her Majesty’s Revenue and Customs (HMRC) was launched earlier this month shortly after the London-listed firm had detailed that Kenneth Alexander would be stepping down as its Chief Executive Officer following some 13 years at the helm.00....


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According to a Tuesday report from The Guardian newspaper, the initial probe from Her Majesty’s Revenue and Customs (HMRC) was launched earlier this month shortly after the London-listed firm had detailed that Kenneth Alexander would be stepping down as its Chief Executive Officer following some 13 years at the helm.Considerable consequences:GVC Holdings was left surprised by the request for additional information and declared that it was ‘disappointed by the lack of clarity provided by HMRC as to the scope of its investigation’.uk, has now been unexpectedly asked to provide more information to HMRC under the precepts of the Bribery Act of 2010, which has sections that relate to failures by British commercial organizations to prevent bribery in territories where they are doing business....



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