MOL 0.00% 6.9¢ moly mines limited

Ann: March 2014 Quarterly Cashflow Report , page-13

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  1. 2,689 Posts.
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    "Several defendants were ordered to forfeit assets, including the entirety of Liu’s fortune, estimated a few years ago by Shanghai wealth-tracking service Hurun Report at $1 billion. Hanlong itself was fined 300 million yuan ($50 million) for forgery and fraud. The company couldn’t immediately be reached for comment"

    Source: www.theaustralian.com.au/business/death-sentence-for-hanlong-chief-liu-han/story-e6frg8zx-1226928643752

    Does that mean Hanlong's holdings in SDL and MOL will be sold down?

    So Liu got death sentence AND Chinese government takes Liu's entire fortune???

    Who is corrupt here I wonder?
 
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