China fines Deloitte $30.8 million over audit failings

China fines Deloitte $30.8 million over audit failings

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BEIJING -- The Beijing office of Deloitte Touche Tohmatsu has been fined $30.8 million for failing to adequately audit a Chinese state-owned asset management company whose former head was sentenced to death on corruption charges. The office also was ordered to suspend operations for three months…

#beijing #ministryoffinance #deloitte #huarong #laixiaomin

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