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Former Zoneco CEO gets 15 years in prison for scallop scams

Wu Hougang received a 15-year prison sentence and a CNY 920,000 fine after being convicted of fraud, collusion and bribery, the Supreme People's Procuratorate announced on Dec 28

By Louis Harkell and Lewis Hu | Jan. 2, 2024 10:31 GMT
Wu Hougang, former chairman and CEO of Zoneco Group. Source: Jiemian Global
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The former chairman and CEO of Zoneco Group, one of China's largest seafood companies, has been sentenced to 15 years in prison for committing bribery and fraud during his tenure [...]

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Contact the authors [email protected], [email protected]

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