China seeks jailed former tycoon who fled country


  • World
  • Monday, 24 Feb 2014

BEIJING (Reuters) - Chinese authorities are looking for a former drinks tycoon who bribed his way out of jail and fled the country after being sentenced to 15 years in prison for embezzling millions of dollars in public funds, state media said on Monday.

Zhang Hai, former president and chief executive of the sports drink maker Jianlibao Group, was found guilty of misappropriating 206 million yuan (£20.3 million) in 2007.

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