Eratat seeks investigation details from China watchdog
Probe involves forged bank confirmation linked to the company's main subsidiary
Singapore
ERATAT Lifestyle said on Friday that it has requested for more details on the investigations led by the China Banking Regulatory Commission (CBRC), which last month found a forged bank confirmation linked to the company's subsidiary.
In August, the company said that CBRC in Fujian had highlighted that Eratat's main subsidiary, HMW, had forged an earlier bank confirmation, and handed this document to the auditor of the group.
TRENDING NOW
‘Not trying to solve world hunger’: GoTo takes pragmatic approach to AI
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Malaysian developer Eco World tops bids for Sin Ming area housing plot with S$1,612 psf ppr bid
Singapore’s new data centres must use renewables. Can they overcome the hurdles?