Bad verdict: Man wants 2 billion yuan

Entrepreneur, 49, says he should be paid for 10 years spent in custody

An entrepreneur who spent about 10 years in prison for contract fraud saw his name cleared in court on Tuesday and said he plans to demand more than 2 billion yuan ($295 million) in compensation.

Zhao Shoushuai was found not guilty after a retrial in Xinxiang Intermediate People's Court in Henan province because of insufficient evidence and violations of legal procedures discovered in the original ruling.