Monday, March 13, 2017

ABB Says Lax Controls Played Part in Fraud in South Korea

ABB said lax controls played their part in the fraud and embezzlement at its South Korean unit which cost the Swiss company an estimated $73 million in lost pretax profit, some $30 million less than first signaled.

from WSJ.com: US Business http://ift.tt/2miE7LD
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