17
Dec
04:49
Former Xining GM receives 15 years for embezzlement
According to court documents, Wang Dajun, former deputy general manager of Xining Special Steel Group, has been convicted of embezzling CNY 110 million ($16m) of the company's funds during 2008-2016. Wang has therefore been sentenced to 15 years in prison, Kallanish notes.
During his tenure, Dajun asked employees of the company's finance department to make fictitious trade records between Xining Steel’s listed arm and Sichuan Yunheng…
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