accounting fraud

The Latest: Lawyer alleges anti-Ghosn ‘plot’ within Nissan

TOKYO  (AP) — The Latest on the release of former Nissan Motor Co. chairman Carlos Ghosn from the Tokyo Detention Center after he posted 1 billion yen ($8.9 million) bail (all times local): 6:30 a.m. A French lawyer for former Nissan chairman Carlos Ghosn has blamed his client’s troubles on a “plot against him” within Nissan … Continue reading The Latest: Lawyer alleges anti-Ghosn ‘plot’ within Nissan

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