Reported 7 months ago
Amid suspicions of breach of trust at New Life Insurer, former chairman Wu Dongjin was released on bail amounting to one billion, looking serious and not speaking in front of the camera. This comes after an investigation revealed potential irregularities in the 'New Banjieshibao' under New Life in 2022, with the subsequent probe uncovering possible fraud. Wu Dongjin and five others have been released on bail, raising concerns due to his age and the overnight interrogation. More investigations continue as the case evolves.
Source: YAHOO