netease

NetEase executives and workers were reportedly arrested amid a corruption investigation

NetEase executives and workers were reportedly arrested amid a corruption investigation

The ex-head of NetEase's esports division and NetEase Games' former general manager are said to have been arrested on money laundering and bribery charges. Alongside ex-executives Xiang Liang and Jin Yuchen, several other people who worked at the company were reportedly arrested over alleged corruption.As noted by , Chinese outlet reported that the former employees in question allegedly laundered in the region of 800 million to 1 billion yuan ($111 million to $139 million). NetEase confirmed to only that police were investigating possible corruption. The company is said to have dismissed nine staff members for alleged bribery.Several external individuals were…
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