Caixin
Jul 30, 2015 07:21 PM

Party Official Puts Charges TV Maker's Boss Broke Law Online

Zhao Yong
Zhao Yong

(Beijing) – The head of a major TV manufacturer has been accused by a Communist Party official of abusing his power in his handling of a deal for a parts manufacturer and causing huge losses for the state-owned company.

The accusations are directed at Zhao Yong, chairman of Sichuan Changhong Electric Holding Group Co. and came in the form of a letter posted online by the head of the firm's party graft fighter.

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