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Former company head arrested for bribe-taking, graft  

上海光明食品(集团)有限公司原董事长王宗南被逮捕

犯罪嫌疑人王宗南因涉嫌在友谊(集团)有限公司、联华超市股份有限公司任职期间挪用公款、受贿,今年7月28日被上海市人民检察院第二分院立案侦查。今天(8月11日),上海市人民检察院决定对其逮捕。[查看全文]
2014-08-12 08:24 Xinhua Web Editor: Qin Dexing
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Prosecutors in the eastern metropolis of Shanghai said Monday they have approved the arrest of a senior business executive who headed several major companies.

Wang Zongnan is suspected of taking bribes and embezzling public funds when serving as general manager of Shanghai Friendship Group and Lianhua Supermarket, according to the Shanghai People's Procuratorate.

Wang had also been the chairman of Bright Food, one of China's biggest food corporations, and the president of Bailian Group, a major retailing company.

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