Cigarette Industry Crackdown Nets Another Top Executive
newscatcher
2023-08-21 21:39
Cigarette Industry Crackdown Nets Another Top Executive
A businessman who controls a Shanghai-traded cigarette packaging materials supplier became the latest target on investigators' radar in a corruption crackdown sweeping China's tobacco industry. Xu Shanshui, controlling shareholder and chairman of Anhui Genuine New Materials Co. Ltd., was placed under detention by the anti-graft authority in Jiangxi province for investigation on suspicion of bribery, the company said in a filing.

https://www.caixinglobal.com/2023-08-22/cigarette-industry-crackdown-nets-another-top-executive-102095176.html

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