In order to get 75 million in a loan they had to prove with falsified account records that they could pay the full amount back with interest, the one in charge of that was the CFO.
@nanorazor To get loans you have to provide non forged/fudged financial reports and you are required by law to inform the ones from which you took the loan at the first sign that you might not be able to pay it back so that they can recover the majority of the loan. They illegally hid this fact while continuing to spend millions of the loan which could have been recovered.
eric_neo3's comments