The board of Healthcare Locums says it is “resolute” in presenting a “full and clear” statement and accounts to shareholders, according to a spokesman for the medical recruiter.

The group, which has been investigating “serious” accounting irregularities since January, released a statement this week in which it saidaspects of the accounting irregularities are taking longer to resolve and unfortunately this is currently preventing the firm from finalising the audited accounts.

HCL added that its Annual General Meeting to be held at 11am at One Fleet Place, London EC4M 7WS on 29 June 2011 will take place in the absence of the 2010 financial statements. The board says it will complete the 2010 audited accounts as soon as possible and then convene a separate Extraordinary General Meeting to consider these and conduct other business, which would normally be considered at the AGM along with the accounts.

An HCL spokesman told Recruiter: “The board is committed to presenting a full and clear statement and accounts to HCL shareholders. This is taking time but the board is resolute in presenting the full picture.

“It is the board’s present intention to announce a comprehensive update to shareholders by the end of June, which will include the 2010 financial results, details on current trading and the outcome of the ongoing investigations into accounting irregularities. The board’s priority is to ensure that the suspension of the company’s shares from trading on AIM is lifted as soon as possible.”