Li Songxiao handed himself over to the ICAC for his involvement in fraudulent property deals worth more than US$42 million
A former top executive of a Hong Kong-listed company surrendered to the city’s anti-corruption agency on Tuesday after more than a decade on the run.
Li Songxiao, the former chairman of Neo-China Group (Holdings), now known as Shanghai Industrial Urban Development Group (SIUD), handed himself over to the Independent Commission Against Corruption (ICAC) over his involvement in fraudulent property deals worth more than HK$330 million (US$42 million).
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