Who is Hui Ka Yan? Hui Ka Yan, the founder of China Evergrande, has been sentenced to life imprisonment for a range of financial offenses, including fraud and bribery. A Shenzhen court found him guilty of misappropriating funds. Following the company's collapse, which resulted in liabilities exceeding $300 billion, the court has ordered the seizure of all Hui's personal assets and imposed heavy fines on Evergrande for its unlawful practices.

Almost five years after Evergrande triggered a property crisis in China, its disgraced founder Hui Ka Yan has been sentenced to life in prison.

Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in…

A Chinese court ordered all of Hui Ka Yan's personal property confiscated.