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Chinese police arrest several Evergrande employees a month after declaring bankruptcy in the US

MADRID, 18 Sep.

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Chinese police arrest several Evergrande employees a month after declaring bankruptcy in the US

MADRID, 18 Sep. (EUROPA PRESS) -

The Chinese Police have arrested several employees of the Chinese real estate developer Evergrande a month after the company declared bankruptcy in the United States.

So far the number of detainees and the charges they face are unknown, and the authorities are still investigating, according to a statement from the Shenzhen City Police - where the promoter's headquarters are located -, has published the newspaper 'South China Morning Post'.

In addition, the Police have asked the population to report suspicions of fraud through the Internet, telephone, message or email.

Evergrande was already under the spotlight in 2021 after it was learned that at least half a dozen employees redeemed wealth management products before the scheduled dates, although they were later reprimanded and forced to return the funds.

On August 18, the company filed for Chapter 15 protection of the United States Bankruptcy Law with the aim of protecting the company's assets in the United States, while the company's restructuring agreements are managed in Hong Kong and the Cayman Islands.