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China’s top auditor flags billions in tax evasion and illegal loans at state banks
BEIJING, June 25 — Two of China’s top state-owned banks, which are among the world’s largest financial institutions, have evaded billions of yuan in tax and issued illegal...
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malaymail.com
China’s top auditor flags billions in tax evasion and illegal loans at state banks
BEIJING, June 25 — Two of China’s top state-owned banks, which are among the world’s largest financial institutions, have evaded billions of yuan in tax and issued illegal...
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channelnewsasia.com
China's top auditor says major state banks have committed tax evasion or lending violations
Bank of China evaded paying 2.4 billion yuan (US$352 million) in tax while Agricultural Bank of China illegally issued 11 billion yuan in loans to farmland projects, says China's…