You will be redirected back to your article in seconds

Producer held in theft

Chan arrested for misappropriating funds

Abba Chan, the film producer also known as the father of Canto-pop music concerts, was arrested Thursday on charges of misappropriating HK$100 million ($12.8 million) from two listed companies.

Chan was among 22 people arrested after a months-long investigation by the Independent Commis-sion Against Corruption.

Chan, who is the chairman of China Conservational Power Holdings and an executive director of China Sciences Conservational Power, is suspected of offering incentives to a director at a third com-pany to help create false investments.

Trading of both companies’ shares has been suspended.

More Film

  • Wonderstruck

    ‘Wonderstruck’ Colorist Joe Gawler on How Film's Multi-Period Look Was Created

    Abba Chan, the film producer also known as the father of Canto-pop music concerts, was arrested Thursday on charges of misappropriating HK$100 million ($12.8 million) from two listed companies. Chan was among 22 people arrested after a months-long investigation by the Independent Commis-sion Against Corruption. Chan, who is the chairman of China Conservational Power Holdings […]

  • Sarah Jones

    ICG President Steven Poster Pushes On-Set Safety, Slams Government’s Anti-Union Stance

    Abba Chan, the film producer also known as the father of Canto-pop music concerts, was arrested Thursday on charges of misappropriating HK$100 million ($12.8 million) from two listed companies. Chan was among 22 people arrested after a months-long investigation by the Independent Commis-sion Against Corruption. Chan, who is the chairman of China Conservational Power Holdings […]

  • Isle of Dogs

    Production Designer Adam Stockhausen on Building Wes Anderson's Worlds

    Abba Chan, the film producer also known as the father of Canto-pop music concerts, was arrested Thursday on charges of misappropriating HK$100 million ($12.8 million) from two listed companies. Chan was among 22 people arrested after a months-long investigation by the Independent Commis-sion Against Corruption. Chan, who is the chairman of China Conservational Power Holdings […]

  • On Body and Soul Hungarian Movie

    Hungary's 'On Body and Soul' Wins Top Award at Camerimage Film Festival

    Abba Chan, the film producer also known as the father of Canto-pop music concerts, was arrested Thursday on charges of misappropriating HK$100 million ($12.8 million) from two listed companies. Chan was among 22 people arrested after a months-long investigation by the Independent Commis-sion Against Corruption. Chan, who is the chairman of China Conservational Power Holdings […]

  • 'Incredibles 2' Gets First Teaser Trailer

    'Incredibles 2' Gets First Teaser Trailer From Disney-Pixar

    Abba Chan, the film producer also known as the father of Canto-pop music concerts, was arrested Thursday on charges of misappropriating HK$100 million ($12.8 million) from two listed companies. Chan was among 22 people arrested after a months-long investigation by the Independent Commis-sion Against Corruption. Chan, who is the chairman of China Conservational Power Holdings […]

  • John Bailey Academy President

    Academy President John Bailey on Extending Oscars' Global Reach

    Abba Chan, the film producer also known as the father of Canto-pop music concerts, was arrested Thursday on charges of misappropriating HK$100 million ($12.8 million) from two listed companies. Chan was among 22 people arrested after a months-long investigation by the Independent Commis-sion Against Corruption. Chan, who is the chairman of China Conservational Power Holdings […]

More From Our Brands

Access exclusive content