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Prosecutors are set to charge several certified public accountants at a Japan unit of the PricewaterhouseCoopers group with collaborating with executives at Kanebo Ltd. in an accounting fraud that has humbled the once premier cosmetics and textile company, according to investigative sources.

The sources alleged that the accountants at ChuoAoyama PricewaterhouseCoopers worked with two executives in producing consolidated financial statements that concealed a 81.9 billion yen capital deficit in fiscal 2001 and a 80.6 billion yen deficit the following year.

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