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Wednesday, 4 November 2026
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China sentences founder of world's most-indebted property developer to life in prison for fraud, bribery

China sentences founder of world's most-indebted property developer to life in prison for fraud, bribery
Image: Fox Business

Hui Ka Yan received a life sentence as China Evergrande Group was fined over $2.3 billion for inflating assets and concealing massive liabilities.

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