New inquiry on Huang
By Ben Blanchard |
December 25, 2009, Friday
|
Print Edition
Print Edition
HUANG Guangyu, once Chinese mainland's richest man before falling from grace for alleged stock-market manipulation, is being investigated on suspicion of committing new crimes, Beijing prosecutors said yesterday.
Huang founded Gome Electrical Appliances, but following a police investigation into alleged financial wrong-doing last year was replaced as chairman. Gome is now under new management.
Little has been heard formally of the investigation since and no charges have been laid, but media reports say Huang is being investigated for insider trading and stock manipulation.
The office of Beijing's procurator, in a brief statement on its Website, said simply that Huang was being further investigated.
"Recently, the second division of the city's procurator ... found facts about newsuspected crimes committed by Huang Guangyu and others, which have been handed over to relevant departments for further investigation."
Huang founded Gome Electrical Appliances, but following a police investigation into alleged financial wrong-doing last year was replaced as chairman. Gome is now under new management.
Little has been heard formally of the investigation since and no charges have been laid, but media reports say Huang is being investigated for insider trading and stock manipulation.
The office of Beijing's procurator, in a brief statement on its Website, said simply that Huang was being further investigated.
"Recently, the second division of the city's procurator ... found facts about newsuspected crimes committed by Huang Guangyu and others, which have been handed over to relevant departments for further investigation."
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
