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Investors sue Chinese conglomerate

HereIsTheNews

Alfrescian (Inf)
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Investors sue Chinese conglomerate

5 August 2013 Last updated at 01:41 GMT

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In Hong Kong, corruption accusations made by whistleblowers in mainland China will be heard by the High Court later on Monday.

A group of small investors is suing executives at a Chinese state owned conglomerate alleging official wrongdoing during a major acquisition.

Chinese President Xi Jinping has said he plans to clamp down on corruption on the mainland.

The company has denied all charges.

Our correspondent Juliana Liu has been closely tracking the developments.


 
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