24 May 2019

China Southern confirms arrest of executives, report says

China Southern Airlines Co. Ltd. (01055.HK, 600029.CN) said on Saturday a number of its executives were detained for investigation, but refused to disclose details of the case, saying the police investigation is still at an early stage, news website reported Sunday. Deputy marketing directors Yu Siyou and Qin Guohui were believed to among those who were placed under arrest. Unnamed sources suggested that the probe is related to bribery in air ticket sales, the report said.

– Contact HKEJ at [email protected]



EJI Weekly Newsletter

Please click here to unsubscribe