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Beijing court sentences former chairman of Chinese conglomerate Zhongzhi for taking public funds

Beijing court jails former Zhongzhi Enterprise Group chairman Gao and others for illegally taking public deposits, CCTV reports.

Liz Lee and Beijing newsroom/Reuters

23 December 2025 at 03:00:12

Beijing Court Jails Former Zhongzhi Enterprise Chairman Gao for Illegal Public Deposits, CCTV Reports.

Reuters

A court in Beijing has sentenced a former chairman of Zhongzhi Enterprise Group Co and others to prison for illegally taking public deposits, Chinese state broadcaster CCTV reported on Tuesday.


The report identified the former chairman only by his surname Gao.


-Liz Lee and Beijing newsroom

Beijing court jails former Zhongzhi Enterprise Group chairman Gao and others for illegally taking public deposits, state media reports.

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