Executives From Luxury Villa Developer Hauled In by Authorities

Two executives of debt-ridden real estate firm Tahoe Group Co. Ltd. (000732.SZ) have been taken in for questioning by a law enforcement agency, Caixin has learned from sources.

Vice President Huang Xi and Vice President Lin Wenhua of the Fujian province-based company were hauled in by authorities last week. It is unclear which agency has taken them and their status is unknown. The firm announced last week that Chairman Huang Qisen was assisting investigators.