Evergrande founder Hui Ka Yan sentenced to life in prison over fraud, bribery

By Reuters HONG KONG: The founder of China Evergrande Group, the world’s most-indebted property developer, was sentenced to life in prison by a Chinese ‌court on Thursday, five years after the firm’s collapse shook the nation’s economy and financial markets. Hui Ka Yan, once Asia’s richest man, pleaded guilty in April to eight charges, including […] The post Evergrande founder Hui Ka Yan sentenced…