ChinaCache International Holdings Ltd., an internet content and applications delivery company based in China, reported in a securities filing that it had received notice from the Beijing government prosecutors’ office that the company is under investigation for bribery. The company’s announcement also stated that its chairman and chief executive officer, Song Wang, had been arrested and is under investigation for bribery. The company indicated that it plans to hire outside counsel to conduct an internal investigation of the allegations.
May 17, 2019
Chinese internet company reports bribery investigation
Related by Topic
New Post
McKinsey’s South African subsidiary resolves FCPA investigation
December 17, 2024
News Alert
BIT Mining settles with DOJ and SEC to resolve FCPA violations, while former CEO faces bribery-related charges
November 21, 2024
News Alert
Son of former Comptroller General of Ecuador pleads guilty in Odebrecht bribery scandal
November 19, 2024
News Alert