Sino-Forest was one of the largest forest-product companies listed in Canada when a report last year by U.S. short-seller Muddy Waters LLC alleged fraud at the company. Since then, the Ontario Securities Commission has started administrative proceedings against Sino-Forest, and several of its former executives already face allegations from the commission that they inflated timber purchases; the company is currently trying to restructure under bankruptcy protection. Sino-Forest last year conducted an internal investigation into the allegations, but executives have denied fraud.
去年美国做空机构Muddy Waters LLC发布报告称嘉汉林业涉嫌欺诈时,该公司是在加拿大上市的大型林产品企业之一。从那时起,安大略省证券委员会展开了对嘉汉林业的行政听证程序,该公司多位前任高管已经面临该委员会的指控,指控称他们夸大了木材采购量。嘉汉林业目前正试图在破产保护下进行重组。该公司曾于去年对前述指控展开内部调查,但公司高管否认存在欺诈行为。
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