MOL
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0.00% 6.9¢ moly mines limited

"Several defendants were ordered to forfeit assets, including...

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  1. micky78
    2,689 Posts.
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    23/05/14
    21:57
    Post #: 13409195
    "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?
    MOL Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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