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Tag : Korea Aerospace Industries

A KUH-1 Surion helicopter hovering above Pocheon, South Korea (Photo by Chung Sung Jun/Getty Images)

Oct 26, 2015 PM EDT - Czarelli Tuason

Korea Aerospace Industries Allegedly Earns Nearly $48 Million From Falsified Development Expenses

According to the Bureau of Audit and Inspection, two suspects allegedly released falsified development expenses for a fleet of helicopters for Seoul's military earning an unjust profit of at least $ 47.9 million.

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