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Telit recovery yet to strike

Telit recovery yet to strike

For non-executive chairman Richard Kilsby, Telit Communications (TCM) faced a number of "unique challenges" in 2017. In fact, the group faced a series of disastrous events, starting with a decline into the red at the half-year stage and culminating with the departure of former chief executive Oozi Cats. Evidence emerged that an historic indictment had been issued against him in the US – something “knowingly withheld” from the board.

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