Head of Evergrande’s EV subsidiary • Table.Briefings

Karl-Heinz Rummenigge vom FC Bayern München und Liu Yongzhuo von Guangzhou Evergrande stoßen 2017 auf eine vereinbarte strategische Partnerschaft der Klubs miteinandern an. — A picture from better times: Karl-Heinz Rummenigge of FC Bayern Munich and Liu Yongzhuo of Guangzhou Evergrande toast the clubs’ strategic partnership in 2017.

Another top executive of the hopelessly over-indebted property group Evergrande has been arrested. Liu Yongzhuo was most recently head of the company’s EV division.

The head of the EV division of property group Evergrande has been arrested. Liu Yongzhuo is suspected of having committed unspecified „criminal offenses“ as top executive of the insolvent Evergrande Group. The group announced this on Monday. Liu was also president of China’s former football series champion Guangzhou Evergrande.

Head of Evergrande’s EV subsidiary arrested

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