North East transport firm Go-Ahead group could face up to £81.3m in costs following a rail franchise loss that has overshadowed the company.
In the publication of results delayed on three occasions, the firm said the sum includes £30m for a potential fine and £51.3m owed to the Department for Trade (DfT), which stripped it of the LSER franchise last October. So far, £49.2m has been paid by the franchise to the Government, it added.
In a call with journalists, interim group chief finance officer Gordon Boyd said the company did not know whether it would be the subject of a Serious Fraud Office investigation.
