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Browse: Home / 2012 / October / 04 / China regulators probe IPO ‘hush money’

China regulators probe IPO ‘hush money’

By Securities Docket on October 4, 2012, 11:43 am

The China Securities Regulatory Commission is reportedly looking into illicit deals between companies seeking an IPO and media organizations.

A general manager of a finance company said he knew of companies that paid as much as $3.2 million to prevent media agencies from going public with negative information.

via China regulators probe IPO ‘hush money’ – The FCPA Blog

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Posted in Global, Top | Tagged China, FCPA

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