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FraudNews
08-14-2014, 09:52 AM
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Standard Bank takes $80m hit on suspected Chinese fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFAEDb8EIzqg9fW1_xxjtse8NfGOg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778584194167&ei=yYbsU8CHPIvHggfoyIHQDw&url=http://www.bdlive.co.za/business/financial/2014/08/14/standard-bank-takes-80m-hit-on-suspected-chinese-fraud)
BDlive
STANDARD Bank said on Thursday it took an $80m write-down from its exposure to a suspected metal financing fraud in China. Chinese authorities launched an investigation in May into whether metals trading firm Decheng Mining and related companies ...
Standard Bank takes $80 mln hit on suspected China fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNG3QeVQRYZPLLcRUcFJJsCvIZRU9Q&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778584194167&ei=yYbsU8CHPIvHggfoyIHQDw&url=http://af.reuters.com/article/investingNews/idAFKBN0GE0PW20140814)Reuters Africa
Suspected China fraud to squeeze sale of Standard Bank markets unit (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFI7LZdnkSoqVFJBwAHR2tzsDfuWA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778584194167&ei=yYbsU8CHPIvHggfoyIHQDw&url=http://www.reuters.com/article/2014/08/14/standard-bk-results-sale-idUSL6N0QK28Y20140814)Reuters

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