Suntech
has
been
under
a
cloud
since
July,
when
it
said
it
suspected
that
€560m
($724m)
of
German
government
bonds
pledged
to
it
as
a
security
in
connection
with
an
Italian
solar
investment
may
not
exist.
Suntech
told
its
investors
that
its
own
enquiries
confirm
that
suspicion,
and
that
it
has
been
the
victim
of
fraudulent
activity.
That
will
result
in
the
Chinese
group
needing
to
post
a
guarantee
obligation
of
its
own
of
between
$60m
and
$80m,
rather
than
the
$3m
originally
recorded
on
its
books.
“The
company
expects
that
this…