The Traderszone Network

Published in TZ Latest News 9 July, 2015 by The TZ Newswire Staff

Former Tencent employees, including Alibaba executive, held in China graft probe

Chinese authorities have detained about half a dozen former employees of Tencent Holdings Ltd, the country’s biggest social network and online media company, as part of a graft investigation following an internal company probe, Tencent said late on Thursday. Amid a continuing crackdown on corruption by Chinese President Xi Jinping, Tencent said in a statement that “five or six” unidentified people were detained.

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