Forensic accounting probe launched into EHT sponsor Urban Commons

Singapore

FTI Consulting, as chief restructuring officers of Eagle Hospitality Trust's (EHT) managers, has commenced a forensic accounting investigation into EHT sponsor Urban Commons and its master lessees.

The EHT managers, acting through the special committee, as well as Eagle Hospitality Real Estate Investment Trust's (EH-Reit) trustee, DBS Trustee, directed FTI to do so.