|
The trial of Chinese-born tycoon, Yang Bin, has begun in Northeast Chinese city of Shengyang on charges of bribery and fraud.
The 40-year-old is a Dutch citizen and was ranked No.2 on Forbes magazine's list of the Chinese mainland's richest business-people in 2001, with a fortune estimated at US$900 million.
Yang Bin made his fortune selling orchids. His company, Euro-Asia Agricultural Holdings Ltd, branched out into other businesses, including building a Dutch-themed real-estate development in Shenyang.
He moved to the Netherlands in 1987. Days after he was named by North Korea to head a special trade zone, Yang Bin was detained last October.
(CRI News June 11, 2003)
|
