China’s Former Richest Man Huang Begins Bribery Trial
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Huang Guangyu, the founder of Hong Kong-listed Gome Electrical Appliances Holdings Ltd. and once China’s richest person, went on trial in Beijing today for insider trading and bribery after 15 months in custody.
A female court clerk surnamed He said the trial had begun at the Beijing No. 2 Intermediate People’s Court. Many of the reporters and camera crews who gathered in the rain outside the court weren’t given access.