Thu, November 27, 2008
Business > Industries > Police investigating Gome chairman

Gome chief investigated for "economic crimes"

2008-11-27 09:47:21 GMT2008-11-27 17:47:21 (Beijing Time)  SINA.com

China's richest man and chairman of China's top electronics retailer, GOME, is under investigation for involvement in "economic crimes", Xinhua news agency said on Thursday, citing police. "Huang Guangyu, China's home appliance tycoon, is under investigation for involvement in 'economic crimes,' confirmed Beijing police on Thursday," Xinhua said.

The agency said Gome company spokesman He Yangqing would make a statement on Monday.

(Agencies)

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