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Founder of China’s Evergrande pleads guilty to fraud | Collector
Founder of China’s Evergrande pleads guilty to fraud
Kahawa Tungu

Founder of China’s Evergrande pleads guilty to fraud

Hui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of assets and corporate bribery, according to a statement issued by the court. Hui expressed remorse during the public hearing on 13 and 14 April, in the city of Shenzhen, according to Chinese state [...] The post Founder of China’s Evergrande pleads guilty to fraud appeared first on Kahawatungu .

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