In three out of the last four years, Ilse Jacobsen and her husband Jesper Bo Jacobsen got serious auditor-criticism in their company IJH A/S.
It shows a review of the accounts, which Ekstra Bladet has made.
While the latest accounts from the 2018 bid on a violation of both the vat and bogføringsloven, then you have two times previously, according to the auditor also taken illegal loans of several million dollars.
the First time was in 2015, which according to accounts was a loan of 4.5 million dollars, as the auditor believed was in violation of the law.
And the last time was in 2017, when the amount this time was 2.7 million dollars.
It was the Danish business authority to send a letter to the company at the end of January 2019, because you were made aware of the latest illegal loans.
Ekstra Bladet has had access to in the letter, where it appears to the agency due to the large amount of money has sent the case on to The Police.
’Bl.a. having regard to the size of the loan, which emerged from the annual report for 2017 be the case, however, for the police district to which the company belongs, with a view to an assessment of whether there should be brought against the company’s management for violation of the Danish companies act and/or the criminal code, says in the letter.
Facing the Extra Leaf will Zealand Police, however, did not comment on the case.
Unlawful loans
There are strict rules for when it is legal to borrow money in its own company
the Purpose is to ensure the interests of creditors, then the money suddenly disappears out of thin air
in Addition, there is a fear of tax evasion – for not paid taxes on the money, as smoking out of the company
While some are going to do it by mistake, then of course, there is also other, which makes it quite consciously
According to Jesper Bo Jacobsen, who is the director of the firmet, due to the auditor’s reservations to Ilse Jacobsen have traded goods between the IJH A/S and three of its stores, which is run by her personally owned business.
– It is illegal shareholder loans are mellemregningen from the three stores, which buy goods at IJH A/S. It is the 2.6 million dollars. She has the credit of 30 days. If you are not allowed to operate in the business and buy the goods of the companies – which also is co-owner of the – then there is something wrong in the legislation, which needs to be changed, he says to Ekstra Bladet, adding that they have not yet heard anything from the police.
the Article continues under the picture…
Ilse Jacobsen has several stores, which is part of her personal owned business. Photo: Ole Steen
a Chartered accountant, a partner in BDO Stefan Cox, explains the whole, however, the law already takes into account that you are allowed to buy goods on credit to his private stores in his own company. But then the credit – therefore, the loan granted as part of a usual business transaction.
– So in this case, the statutory auditor have assessed that the loan is not granted as part of a usual business transaction, he says.
In relation to vat and bogføringsloven acknowledge Jesper Bo Jacobsen, however, the error.
– Should a large company do not have control on this kind of thing?
– Yes. But we merged three companies and introduced a new ERP-system. There was a single record, which was wrong
