FraudNews
02-22-2017, 08:34 AM
http://www.fraud-news.com//t3.gstatic.com/images?q=tbn:ANd9GcQibNh1f5Q8NuPSHl85XZ-OPSZxaV6alKwrXeWJUvIPI0gY64BlpogoawY6Fzt42pv-VwdUccFq
Reuters UK (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEIqwhu_ou3xT24gyWPbH_S9YJPsg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://uk.reuters.com/article/uk-abb-fraud-idUKKBN1610HF)
ABB says to take $100 million charge due to fraud at South Korean unit (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEIqwhu_ou3xT24gyWPbH_S9YJPsg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://uk.reuters.com/article/uk-abb-fraud-idUKKBN1610HF)
Reuters UK
ABB said it currently estimated a pre-tax charge of around $100 million and was taking actions to reduce the impact of the fraud. The company said it may delay the publication of its 2016 annual report. ABB reported its 2016 results earlier this month.
ABB Uncovers $100 Million Korean Fraud as Suspect Goes Missing (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFK9Z4t6yQVASarNHHDsf6TFonZlA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=https://www.bloomberg.com/news/articles/2017-02-22/abb-uncovers-100-million-korean-fraud-as-suspect-goes-missing)Bloomberg
UPDATE 1-ABB says to take $100 mln charge due to fraud at S.Korean unit (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHaVNT1NzRNbmOkUi49xFmnWQ0oaw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://www.nasdaq.com/article/update-1abb-says-to-take-100-mln-charge-due-to-fraud-at-skorean-unit-20170222-00133)Nasdaq
all 7 news articles » (http://news.google.co.za/news/more?ncl=dgR9lKjWSa1G6dMDcm-ocAeTqs9XM&authuser=0&ned=en_za)
More... (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEIqwhu_ou3xT24gyWPbH_S9YJPsg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://uk.reuters.com/article/uk-abb-fraud-idUKKBN1610HF)
Reuters UK (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEIqwhu_ou3xT24gyWPbH_S9YJPsg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://uk.reuters.com/article/uk-abb-fraud-idUKKBN1610HF)
ABB says to take $100 million charge due to fraud at South Korean unit (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEIqwhu_ou3xT24gyWPbH_S9YJPsg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://uk.reuters.com/article/uk-abb-fraud-idUKKBN1610HF)
Reuters UK
ABB said it currently estimated a pre-tax charge of around $100 million and was taking actions to reduce the impact of the fraud. The company said it may delay the publication of its 2016 annual report. ABB reported its 2016 results earlier this month.
ABB Uncovers $100 Million Korean Fraud as Suspect Goes Missing (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFK9Z4t6yQVASarNHHDsf6TFonZlA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=https://www.bloomberg.com/news/articles/2017-02-22/abb-uncovers-100-million-korean-fraud-as-suspect-goes-missing)Bloomberg
UPDATE 1-ABB says to take $100 mln charge due to fraud at S.Korean unit (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHaVNT1NzRNbmOkUi49xFmnWQ0oaw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://www.nasdaq.com/article/update-1abb-says-to-take-100-mln-charge-due-to-fraud-at-skorean-unit-20170222-00133)Nasdaq
all 7 news articles » (http://news.google.co.za/news/more?ncl=dgR9lKjWSa1G6dMDcm-ocAeTqs9XM&authuser=0&ned=en_za)
More... (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEIqwhu_ou3xT24gyWPbH_S9YJPsg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779393611713&ei=QlutWJDuH9HG3gH2hbnABA&url=http://uk.reuters.com/article/uk-abb-fraud-idUKKBN1610HF)