Entertainment company Walt Disney is said to have lied for years about turnover achieved. A whistleblower would have told the American stock market watchdog SEC about the alleged incorrect returns, writes website Marketwatch. Disney denies the accusation.

The whistleblower, Sandra Kuba, was employed by the company as an accountant. She was fired in 2017 after having worked for Disney for 18 years. She claims, among other things, that financial employees of amusement parks and resorts systematically exaggerated income. There would also be shortcomings in accounting software, as a result of which manipulations went unnoticed. In the 2008-2009 financial year, the proceeds from Disney could have been overestimated by no less than 6 billion dollars.

Kuba would have knocked on the door of the SEC, because her comments within Disney were not accepted. A few weeks after her first visit, she was sent off by Disney. A spokesperson for the SEC did not want to respond to Marketwatch.

False claims

Disney says the former employee, who was fired “for a reason,” has been making “false claims” for more than two years.

“The claims she made were thoroughly investigated and proved completely unfounded,” the company said.

The Disney share closed on Wall Street on Monday with a gain of 0.1 percent.

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