Prosecutors approve 2 writers' arrest for defaming dairy group CEO

Updated 2018-05-08 09:46:04

Prosecutors in Hohhot, capital of North China's Inner Mongolia Autonomous Region have approved the arrest of two writers who wrote and spread a novel that defames giant Chinese dairy company Yili Group.

Liu Chengkun and Zou Guangxiang were arrested for alleged defamation and causing disturbance, and the Hothot procuratorate recently approved their arrest, the Xinhua News Agency reported on Monday.

Liu published fictional stories on WeChat in March about dairy company CEO Mr. Pan, who fled to the US and returned because authorities were investigating him.

Although no factual information was revealed, readers linked the articles to Pan Gang, Yili Group's CEO.

After reading Liu's article, Zou, a we-media owner, published an article on his account on March 26 saying that Pan was under investigation, even though Zhou himself contacted Yili and was told it was a rumor.

Pan reported to the police and issued a public statement to dismiss the rumor, but the rumor nevertheless spread.

Zou's articles received 5.74 million views, while Liu's had been read 10,993 times, Xinhua reported.

Milk farmers, cooperatives, employees and investors panicked about the information, and financial commentator Yu Fenghui said that Yili shares have slumped partly because of the rumor that Pan is under investigation.

The value of Yili shares dropped 6.07 billion yuan (0 million) on March 26, compared to the previous day, Xinhua quoted the authority as saying.

Zou and Liu said they regret their actions.

I just want my we-media account to be famous, so I could be a celebrity and attract more investors, Liu said.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58May 25 2018 15:17:43

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16May 25 2018 15:17:43

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18May 25 2018 15:17:43

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords