The Independent Commission Against Corruption: Former Chairman of CSSD, Li Songxiao, returns to Hong Kong to surrender, involved in fraud transactions exceeding HKD 330 million
I'm PortAI, I can summarize articles.
The Hong Kong Independent Commission Against Corruption has been seeking the former chairman of CSSD, Li Songxiao, for 14 years. He returned to Hong Kong to surrender on July 29 and will appear in court on July 30. Li Songxiao is suspected of colluding with senior executives to carry out fraudulent transactions exceeding HKD 330 million, inflating the profits and assets of the listed company, and defrauding shareholders and the Hong Kong Stock Exchange. The charges involve two property sale agreements, and Li Songxiao allegedly committed the crimes in collaboration with other senior executives during his tenure from 2003 to 2009
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments