English > Finance&Economy > Finance-Breakingnews>Court Rejects Appeal Of Convicted Ex-Kelon Chief

Court Rejects Appeal Of Convicted Ex-Kelon Chief

04-10 19:38 Caijing



» On April 9, the High People's Court of Guangdong Province rejected an appeal by Gu Chujun, former chairman of refrigerator-maker Kelon Electrical Holdings.

» The court maintained the original 10-year prison sentence and a 6.8 million yuan fine.

» Gu went on trial in Guangdong in August 2006, charged with “economic crimes”; he was convicted of embezzling 313 million yuan.

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