Chen Feng, founder of Chinese conglomerate HNA, sentenced to 12 years in prison - South China Morning Post
Chen Feng, a laminitis of the defunct Chinese conglomerate HNA Group, has been sentenced to 12 years successful situation and is taxable to a punishment of 221 cardinal yuan (US$30.8 million), astir 4 years aft helium was detained by police.
The 72-year-old businessman was charged with harming the interests of a listed company, fraudulently obtaining loans and a breach of work done misappropriation, according to a tribunal document. The authorities said 40 cardinal yuan successful idiosyncratic assets were ordered to be...