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China Aerospace International Holdings/Controversies

China Aerospace International Holdings controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2014Death of subsidiary director during reported corruption investigation
  2. 2000Stock Exchange criticism over related-party disclosures
  3. 1984Conic Investment accounting and fund-withdrawal scandal

  1. 2014

    Death of subsidiary director during reported corruption investigation

    Li Guolei, a director of China Aerospace Industrial Limited, died after jumping from a building in Kwun Tong. His wife said he was under investigation for alleged corruption by mainland Chinese authorities; the supplied source does not establish the outcome of that investigation.

    Source

  2. 2000

    Stock Exchange criticism over related-party disclosures

    The Stock Exchange of Hong Kong publicly criticized four former directors for failing to properly disclose related-party transactions involving CASIL, CASC, XCOM Multimedia Communications, and the CXSAT joint venture.

    Source

  3. 1984

    Conic Investment accounting and fund-withdrawal scandal

    A scandal involving alleged false accounting and unauthorized withdrawals of company funds emerged after the 1984 change in control. Former directors and managers were arrested, while the company's former chairman was reported to have left Hong Kong. The supplied reference does not provide a final legal disposition for every allegation.

    Source