Chinese property giant Evergrande fined US$577 million for fraudulent bond issuance
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Chinese property giant Evergrande fined US$577 million for fraudulent bond issuance
BEIJING: China's deeply indebted property giant Evergrande has been fined 4.18 billion yuan (US$577.1 million) for fraudulent business practices, Beijing's financial regulatory body said Friday (May 31). "Between 2019 and 2020, Evergrande Real Estate falsely increased its revenue and profit by prem»»»
PwC Faces Scrutiny Over Evergrande's Fraudulent Accounting
Insolvency practitioners say Evergrande liquidators in Hong Kong could pursue PwC for compensation as part of their efforts to recover assets for creditors. Insolvency practitioners say Evergrande liquidators in Hong Kong could pursue PwC for compensation as part of their efforts to recover assets »»»
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