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Investigators Scrutinize Fraud Allegations Surrounding KF-X Fighter Project

September 14 2017

South Korea

South Korean prosecutors who have been investigating accounting fraud allegations at Korea Aerospace Industries (KAI) concerning a helicopter program say they are widening their probe to include the KF-X domestic fighter project, reports the Yonhap news agency (Seoul).

The Seoul Central District Prosecutor's Office has been looking into the actions of the former head of the firm and other officials to determine if they obtained illegal profits by manipulating expenses in the...

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