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@kahawatungu Tue, 14 Apr 2026 09:58:55

Founder of China's Evergrande pleads guilty to fraud

Hui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of assets and corporate bribery, according to a statement issued by the court. Hui expressed remorse during the public hearing on 13 and 14 April, in the city of Shenzhen, according to Chinese state [...] The post Founder of Chinas Evergrande pleads guilty to fraud appeared first on Kahawatungu.

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