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October 9, 2014

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Former Bright Food boss charged with corruption

THE former chairman of state-owned Bright Food Group Co, has been charged with bribery and embezzlement, local prosecutors said yesterday.

According to prosecutors, Wang Zongnan abused his power to seek benefits for others when he was the general manager at the Shanghai Friendship (Group) Co and chairman of the Lianhua Supermarket Holdings Co. Prosecutors said Wang took bribes of 2.69 million yuan (US$ 438,161) and conspired with others to embezzle 190 million yuan.

 




 

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