accounting fraud

SEOUL, South Korea | Samsung Biologics to face criminal probe on accounting fraud

SEOUL, South Korea — South Korea’s top financial regulator said Thursday it had found intentional breaches of accounting rules at Samsung Biologics, the contract drugmaking unit once seen as Samsung’s future growth engine. The Financial Services Commission said it will bring the case to prosecutors and ask Samsung Biologics to dismiss executives in charge of … Continue reading SEOUL, South Korea | Samsung Biologics to face criminal probe on accounting fraud