Reported about 1 year ago
Yaphet Tu｜Yahoo Finance Correspondent June 11, 2024, 5:04 am. The prosecutors conducted a search on New York Life Insurance Company (2888) today (11th), and the former chairman Wu Dongjin was summoned, mainly relating to an old case from two years ago. Wu Dongjin had already been dismissed by the Financial Supervisory Commission at that time, with the Deputy Director of the Insurance Bureau, Cai Huoyan confirming today that they 'have the information.' The search and sumons of Wu Dongjin involving the investment of New York Life Insurance Company in 'New York Jesper Castle' are suspected of illegal activities and violation of the insurance law.
Source: YAHOO