Second Alibaba Pictures Executive Arrested

Alibaba Pictures full logo
Courtesy of Alibaba

Alibaba Pictures Group has confirmed that a second company executive was been detained by Chinese authorities earlier this year.

Chinese media report that Kong Qi has been detained by security forces on suspicion of corruption in July. Kong was a VP at Alibaba Pictures Group, and general manager of Tao Piaopiao, its online ticketing unit.

“We are declining comment as the case is under litigation,” an APG spokesman told Variety.

Patrick Liu Chunning, another former APG executive was arrested last year and tried this year on charges of accepting $308,000 (RMB2.14 million) of bribes while working at a previous job with Tencent Video.

The local media sources say that Kong’s alleged offences also occurred prior to his joining APG, and while he was working at Tencent. In an email to Variety, Tencent denied that Kong had ever worked at the company. He is alleged to have accepted bribes of some $1.44 million (RMB10 million.)

Liu was dismissed from APG in January this year for repeatedly failing to attend board meetings.

APG has its shares listed in Hong Kong and Singapore. No statement has been made to either stock market on the Kong case.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Digital News from Variety

Loading