USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Finance

Runaway manager nabbed after insurance scandal

Xinhua | Updated: 2013-08-20 06:11

BEIJING - A female executive suspected of running off with company money was escorted back to China from Fiji on Monday, according to China's Ministry of Public Security.

Chen Yi, former general manager of Shanghai Fanxin Insurance Agency Co Ltd, allegedly stole 500 million yuan ($81 million) from the company and ran away, according to media reports.

The case was reported to police in Shanghai on August 12, according to the ministry.

The ministry asked for international law enforcement forces for help and found Chen in Fiji.

The ministry sent a work team to Fiji and seized Chen in cooperation with the local police, it said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US