Report: Cosco falsified financial reports
Cosco Group has allegedly falsified its earnings reports published in the period 2008 to 2013, according to anew report from the Chinese authorities.
by DANIEL LOGAN
China's biggest shipping conglomerate, Cosco Group, has deleted a sum of USD 48 million from the company's revenue in the period 2008 to 2013, according to a new investigation performed by the country's National Audit Office, reports Seatrade Global.
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