Healthcare Locums founder quits
Kathleen Bleasdale has resigned from the board of directors of Healthcare Locums (HCL) following “serious accounting issues” and after the chairman stood down last week.
Bleasdale, who founded the healthcare recruitment firm in 2003, was suspended alongside finance director Diane Jarvis
when the company announced a Zolfo Cooper-led investigation into "serious accounting irregularities".
Bleasdale’s attempt to oust the board has also been dropped after the chairman who suspended her stood down late last week. Bleasdale had used her 11% stake in the business to launch a bid to remove chairman Alan Walker.
Two accounting issues have come to light in recent months, the first of which in August involved HCL’s £6.7m acquisition of Redwood Health from Bleasdale's husband John Cariss.
Following the Redwood Health deal, Redwood's auditors refused to sign off its accounts.
, details of a related-party transaction involving Bleasdale, HCL and Cariss have also been uncovered.