Reported 7 months ago
Former chairman Wu Dongjin of Shinkong Life Insurance was searched by authorities due to the Shinkong Life Insurance New Ban Jieshibao scandal and detained as a defendant. After an overnight interrogation, the prosecutor believed Wu Dongjin was involved in violations of the Insurance Law and ordered him to post bail of 100 million yuan. Wu Dongjin attempted to block reporters from filming but was cleverly pushed aside. Six individuals were implicated, with bail ranging from 100 to 200 million yuan, while others were released after questioning.
Source: YAHOO