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In From The Cold

Aug 2, 2010
Qiu Ziming, a Shanghai-based financial reporter for the newspaper called The Economic Observer become well-known in China in recent days because he was put on the nation's "Most Wanted" list in July after he revealed alleged embezzlement and illegal trading by a Shenzhen-listed company. Police in Suichang county, southeast Zhejiang province issued the arrest warrant on charges that Qiu had damaged the business reputation of the Zhejiang Kan Specialties Material Corporation. A whistleblower who reportedly gave the reporter tip-offs on the embezzlement scandal was arrested last Tuesday. This case then drew a large amount of reports nationwide and criticism from people.
Tags: embezzlement,illegal trading,reporter

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