The Financial Services Commission has filed a criminal complaint against Wellbiotec for concealing losses from convertible bond transactions and falsifying sales, as part of a broader probe into accounting violations and alleged stock price manipulation.
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https://en.infomaxai.com/news/articleView.html?idxno=88065

Korea Development Bank extended 22 trillion won ($16.2 billion) in new loans over the past decade to firms with accounting violations, raising concerns over risk management at state-run lenders.
#YonhapInfomax #KoreaDevelopmentBank #AccountingViolations #NewLoans #IndustrialBankOfKorea #FinancialSupervisoryService #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85778

South Korea's Financial Services Commission fines BNK Kyongnam Bank 3.6 billion won for accounting violations, including overstating equity capital by 100 billion won in 2021
#YonhapInfomax #FinancialServicesCommission #BNKKyongnamBank #AccountingViolations #FinancialStatements #RegulatoryFines #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51415