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  "documentTitle": "Freedom Holding Corp (FRHC)",
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  "authorName": "Citron Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2023-04-19 00:00:00",
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      "text": "If FFIN is treated as a subsidiary and consolidated and not a related party, then FRHC would have to restate all financials. More importantly, it would immediately be in violation of the Russian War Sanctions and should be delisted immediately.",
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      "text": "Source: PCAOB Release No. 105-2022-038",
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      "text": "The confusion between Freedom Holdings and FFIN was even realized in Kazakhstan, where Freedom Financial was put on the blacklist for operating illegally.",
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      "text": "During the Audits, the Engagement Partners failed to inquire about the business purpose of these related party transactions. For example, they failed to inquire why the Belize Affiliate’s retail customers could not have gone directly to Freedom with their trade orders, as opposed to placing their orders with the Belize Affiliate then passing those orders to Freedom. — PCAOB Release No. 105-2022-038",
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      "text": "FFIN Blacklisted in Kazakhstan",
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