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Exiled Chinese tycoon fraudulently obtained big loans, employees tell court
Published Fri, Jun 9, 2017 · 09:50 PM
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Dalian, China
EXILED billionaire businessman Guo Wengui instructed his employees to fraudulently obtain hundreds of millions of dollars in loans, senior employees of his real estate company told a court in China's north-eastern Liaoning province.
Appearing in the Dalian Xigang People's Court on Friday, the three staff from Mr Guo's Beijing Pangu Investment confessed to obtaining 3.2 bi…
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