Afren has agreed in principle to appoint a new chief executive.
It comes after the company’s former chief executive and chief operating officer were fired, amid claims of gross misconduct and unauthorised payments.
Alan Linn, who is currently a consultant to Afren’s board, will take up the role.
Last month Afren called in the SFO (Serious Fraud Office) following concerns over expense payments.
The company said the issue focused on the hiring of an individual “within its operations in 2012 and the payment of certain travel and accommodation expenses connected to Afren’s activities.”
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