financial fraud Tag

16 Apr China Evergrande: PwC refutes letter claiming fraud tied to indebted developer, vows to investigate ‘fabricated’ claims

Posted at 07:34h in Asia

PricewaterhouseCoopers (PwC) has refuted a letter alleging that its partners were involved in auditing fraud tied to bankrupt Chinese developer China Evergrande Group and said it has taken measures to investigate the origins of the “false information”.The anonymous letter, titled “Who dragged PwC into the...

China stock market: CSRC denies it is planning to inspect a decade of financial reports as part of clean-up, says fraud prevention a ‘continuous process’

23 Feb China stock market: CSRC denies it is planning to inspect a decade of financial reports as part of clean-up, says fraud prevention a ‘continuous process’

Posted at 12:20h in Asia

The China Securities Regulatory Commission (CSRC) on Friday denied reports that it is planning to inspect a decade of financial data from companies listed in China, days after it vowed to tighten the screws on the stock market and promote high-quality growth.The commission does not...

financial fraud Tag

23 Feb China stock market: CSRC denies it is planning to inspect a decade of financial reports as part of clean-up, says fraud prevention a ‘continuous process’

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