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Last updated at: (Beijing Time) Wednesday, November 27, 2002

Yang Bin Arrested on Charges of Business Crimes

Businessman Yang Bin was arrested on Wednesday in Shengyang, capital of northeast China's Liaoning Province on charges of commercial crimes, according to local sources.


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Businessman Yang Bin was arrested on Wednesday in Shengyang, capital of northeast China's Liaoning Province on charges of commercial crimes, according to local sources.

Yang, chairman of the board of directors and legal representative of the Shenyang Euro-Asia Group, was arrested by local police on charges of fraudulent investment schemes, offering bribes, fraudulent contracts and illegal occupancy of farm lands.

Local sources said Yang had been investigated by the police since October 4, 2002.


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