Chinas once-richest man gets 14 yrs

18th May 2010, Comments 0 comments

Huang Guangyu, once the richest man in China, has been sentenced to 14 years in prison by a Beijing court that found him guilty of bribes, insider trading and illegal business dealings. The 41-year-old set up a company, Gome Electrical Appliances Holdings, which has become China’s largest home appliance chain. By 2005 his worth was ...

0 Comments To This Article