China Semiconductor Fund Graft Scandal Expands as Another Executive Probes Probed, Sources Say, #China #Semiconductor #Fund #Graft #Scandal #Widens #Executive #Probed #Sources Welcome to OLASMEDIA TV NEWSThis is what we have for you today:
A high-profile corruption scandal involving China’s largest semiconductor investment fund continues to spread. Another director of a company that heads the government-backed institution is reportedly under investigation, Caixin has learned from multiple sources familiar with the case.
Caixin has been informed that the investigation into Yang Zhengfan, deputy head of an investment division under Sino IC Capital Co. Ltd. . The sources did not elaborate on Yang’s suspected violations.
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