US EditionBermuda’s Haitong Group accuses China’s Shuge Jiao of misappropriating $45M from Cayman joint venture - OffshoreAlert
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Bermuda’s Haitong Group accuses China’s Shuge Jiao of misappropriating $45M from Cayman joint venture - OffshoreAlert
Chinese businessman Shuge Jiao has been accused of misappropriating $45 million from a Cayman Islands joint venture - Energy Evolution - to the detriment of his business partner, Bermuda-domiciled, Hong Kong Stock Exchange-listed Haitong International Securities Group.
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