Leading insurers guilty of 3 billion yuan fraud
By Yan Jie | China Daily | Updated: 2011-02-01 07:55
Companies say 352 employees have already been punished
BEIJING - China's national auditor has revealed that two of the country's largest insurers committed financial misconduct involving more than 3 billion yuan ($455 million) in 2009.
The revelations were contained in two reports published by the National Audit Office (NAO) on Monday.
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