Revelation about detention of ex-senior businessman of China

The police detained the once richest businessman China Lee Hajun in the case of a banking scam. This was announced on Wednesday by the Chinese portal “Penpai”.

According to him, the businessman was detained on December 17 last year in the city of Jinzhou (Liaonin Province, North-East China). According to the publication, sources among former employees Lee Hajun, the detention is associated with the case of fraud in Bank of Jinzhou. According to them, he is still not freed.

The businessman is the founder of the Chinese energy company Hanergy, which was originally the operator of hydroelectric power stations, and then took up projects for the development and construction of solar and wind power plants.

Lee Haszyun in 2015 became a defendant in the Hong Kong Stock Exchange scandal: shares of one of the holding subsidiaries – Hanergy Thin Film Power Group – from 2013 to 2015 increased in price by 15 times, and at the peak the capitalization of the company amounted to about $ 40 billion . In this regard, in 2015, Lee Hajyun headed the rating of the richest people in China according to the Chinese business publication “Huzhun”. The Forbes magazine in 2015 estimated its fortune at $ 21.1 billion. However, on May 20, 2015, the Hanergy Thin Film Power Group shares during trading at the Hong Kong Exchange lost 47%in a price in less than an hour. After that, the exchange began an audit against the company and established that Hanergy management did not inform shareholders about a number of transactions and loans between the main holding and its subsidiaries.