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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

Related Posts