China initiates new public prosecution on Guo Wengui's company

Source: Xinhua| 2017-06-17 17:02:26|Editor: MJ
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BEIJING, June 17 (Xinhua) -- Chinese prosecutors have lodged indictments against some staff of two companies related to Interpol "red notice" criminal suspect Guo Wengui, judicial sources said Saturday.

A procuratorate in Dalian city in northeastern China on Friday filed a public lawsuit against several executives and employees of Beijing Pangu Investment Co., Ltd, on suspicion of duty encroachment and misappropriation of funds.

Kaifeng City People's Procuratorate in central China's Henan Province on the same day also initiated a public prosecution against Henan Yuda Real Estate Company, whose actual controller is Guo Wengui, and its employees, on charges of defrauding loans and bill acceptance.

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