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Blackgold's false accounts go back to before acquisition by Vibrant

Blackgold has inflated sales figures, recorded fictitious mining fees from subcontractors: EY report

Singapore

BLACKGOLD International Holdings, a Chinese coal miner owned by Singapore-listed Vibrant Group, appears to have falsified accounts and grossly inflated sales figures since the day it was acquired, causing Vibrant to report false financials in a possible breach of Singapore...

sentifi.com

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