EconomyEvergrande founder Hui Ka Yan sentenced to life in prison

A Chinese court sentenced Evergrande founder Hui Ka Yan to life in prison, confiscated his personal property and revoked his political rights for life. Hui had pleaded guilty to fraud, corporate bribery and illegally taking public deposits. Evergrande and its main subsidiary were also fined billions of yuan, while five other executives received prison terms and fines.

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DDW★★★☆☆2026-08-20 07:04Original