Wison bank accounts unfrozen by authorties

Wison bank accounts unfrozen by authorties

Hong Kong-listed EPC service provider Wison Engineering Services has announced that all of its bank accounts frozen in investigations by the Chinese authorities have now been released.

Wison and its president Hua Bangsong were involved in a fraud and bribery scandal in 2014.

In August, Hua was sentenced to 36 months in prison, and Wison was also ordered to pay a fine of $4.83m.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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