BEIJING (Reuters) - A Chinese court on Friday sentenced three employees working for fugitive billionaire Guo Wengui, who has been locked in a high-stakes political feud with the ruling Communist Party, sending two of them to jail.
The Kaifeng Intermediate People's Court, in central Henan province, also fined Henan Yuda, a real estate company owned by Guo, 150 million yuan (16.99 million pounds) for fraudulently obtaining loans worth hundreds of millions of dollars from China Guangfa Bank [GDDVB.UL], Zhongyuan Bank, Industrial Bank and others.
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