Evergrande founder Hui Ka Yan has been sentenced to life in prison in China over financial crimes linked to the property giant's collapse.
His assets were confiscated. Evergrande and its mainland unit were fined 15.82 billion yuan ($2.35B).
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Evergrande Founder Hui Ka Yan Sentenced to Life in Prison
Hui Ka Yan, Evergrande's founder, has been sentenced to life in prison for financial crimes linked to the property giant's collapse.