Fraud & Scandals

Deloitte Japan Charged With Violating Auditor Independence Rules

February 13, 2019/US SEC The Securities and Exchange Commission today announced that Deloitte Touche Tohmatsu LLC (Deloitte Japan) will pay $2 million to settle charges that it issued audit reports for an audit client at a time when dozens of its employees maintained bank accounts with the client’s subsidiary.  According […]

Legal battle for control of Djibouti Ports comes to Hong Kong

February 12, 2019/-Factswire News Agency One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement with a strategically located African nation, in the city’s first court case involving China’s Belt and Road Initiative. FactWire ( has obtained […]