Suspicion growing over bankruptcy of local wholesaling firm

As a local wholesaling firm in Suwon went under on December 1, there is mounting suspicion that RMS Korea, which has controlled by a speculative foreign fund, might be involved in the bankruptcy.

Last October, RMS Korea began a due diligence on the wholesaler who suffered a financial pinch at that time, saying it plans to take over the nearly collapse firm.

However, the wholesaler failed ...