Hui Ka Yan, chairman of China Evergrande Group, has been moved to a special detention center in Shenzhen, as the property giant faces a crisis. He has not been publicly seen since his detention a year ago. Evergrande’s liquidation and securities fraud scandals highlight China’s property sector’s troubles
Despite his previous status as China’s richest man, Hui has not faced formal charges.
China suspends PwC for six months, fines firm $62 million over evergrande audit issues
www.msn.com/en-ca/money/topstories/beijing-suspends-pwc-s-china-unit-for-six-months-in-record-penalty-over-evergrande-audit/ar-AA1qvW1k
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