In a statement early Wednesday morning in China, the company said that Mr. Wu was “for personal reasons no longer able to perform his duties.”
RisingWorld
2017-06-15
Views 1
In a statement early Wednesday morning in China, the company said that Mr. Wu was “for personal reasons no longer able to perform his duties.”
Two people briefed on the matter — a company executive and a business partner of Anbang — confirmed that Mr. Wu had been detained.
Mr. Wu’s detention follows a move last month by China’s insurance regulator to bar the company
from offering new insurance products for three months as part of a wider clampdown.
China Detains Chairman of Anbang, Which Sought Ties With Jared Kushner -
By MICHAEL FORSYTHE and ALEXANDRA STEVENSONJUNE 13, 2017
The chairman of a Chinese financial conglomerate who tried to forge a business
relationship with President Trump’s son-in-law has been detained by police.
The Caijing article said Mr. Wu was detained as part of a Chinese government investigation into Anbang.
Two people briefed on the matter — a company executive and a business partner of Anbang — confirmed that Mr. Wu had been detained.
Mr. Wu’s detention follows a move last month by China’s insurance regulator to bar the company
from offering new insurance products for three months as part of a wider clampdown.
China Detains Chairman of Anbang, Which Sought Ties With Jared Kushner -
By MICHAEL FORSYTHE and ALEXANDRA STEVENSONJUNE 13, 2017
The chairman of a Chinese financial conglomerate who tried to forge a business
relationship with President Trump’s son-in-law has been detained by police.
The Caijing article said Mr. Wu was detained as part of a Chinese government investigation into Anbang.
Report form
RELATED VIDEOS
