China Financial Daily

August 12, 2009

Rio Tinto and other companies Hu KINGSTEK four for trade secret violations and was arrested for taking bribes

Filed under: Financial News — Tags: — lily @ 8:00 am -0700

Rio Tinto and other companies Hu KINGSTEK four for trade secret violations and was arrested for taking bribes
A few days ago, prosecutors in Shanghai on suspicion of the crime of violation of trade secrets, non-national staff of taking bribes, Rio Tinto of Australia’s Shanghai office, such as Hu KINGSTEK approved the arrest of four people to make decisions.

Hu suspects KINGSTEK origin in Tianjin, China, Australia is now a citizen, the Department of Rio Tinto chief representative of the company’s Shanghai office, the other three suspects Kui Liu,??trong Billiton Weili Wang Yong, the Chinese employees. After in-depth investigation of the investigation authorities, the initial identification of Hu KINGSTEK 4 people in connection with improper means to obtain trade secrets of China’s iron and steel enterprises in the crime, violated Article 219 of China’s Criminal Law provides that the crime of violation of trade secrets and at the same time, Hu KINGSTEK 4 are also suspected of commercial and bribery, was recently brought to the procuratorial organs approved the arrest. Following a review of the prosecution believes that there is evidence that Hu KINGSTEK 4 persons arrested for these crimes, according to the arrest of its approval decision.

In addition, Hu KINGSTEK for providing trade secrets, such as the iron and steel enterprises in China involved in the case of the suspect, the investigation has recently been brought to the authorities to review the arrest of the prosecution.

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