 "scanner, shell companies, probe")
With health tech start-up Mojocare close to winding up its operations, the question of rising gaps in corporate governance is back in focus.
Sources confirmed that Deloitte has submitted its forensic audit of the company to the board.
Sources in the know said that after the financial irregularities came to the fore, investors realised that the business model of Mojocare was not viable.
“The board was waiting for the forensic audit report. But they had decided along with other investors that since the business model was not viable, shutting operations is a better option.
The final decision will be taken
