NVC Lighting founder arrested in Huizhou, mainland China media report

NVC Lighting founder and former chief executive Wu Changjiang is under criminal detention in Huizhou, Guangdong, and his 1.1 billion yuan (HK$1.37 billion) worth of shares has been frozen, according to mainland media reports.

via South China Morning Post - Business feed http://ift.tt/1AlhE1F