Chinese Budget Smartphone Brand Transsion Says Finance Head Detained in Investigation
China’s Transsion, a leading smartphone vendor in Africa, said on Saturday that its finance head has been detained as part of an investigation, according to a corporate filing.
The Shenzhen-based budget handset maker said it received notice on Friday of a lien and a case filing issued by the district supervisory committee of Dandong, a city in northeastern Liaoning province, claiming its financial director Xiao Yonghui was detained as part of an investigation.
Photo courtesy of Japanexperterna.se.
Source: South China Morning Post (link opens in a new window)
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