KPMG Hit by Hong Kong High Court in US$400 Million China Medical Fraud

(BE2C2) — Global accounting firm KPMG has suffered a major setback in its battle against liquidators of former U.S.-listed healthcare firm China Medical Technologies Inc, whose executives have been charged in the U.S. with defrauding investors out of over US$400 million. The China Medical case is the most high-profile and closely watched contest in years […]