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Wuhan Iron and Steel Corporation/Controversies

Wuhan Iron and Steel Corporation controversies

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

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  1. 2017Former Chairman Deng Qilin Sentenced to 15 Years in First-Instance Bribery Case
  2. 2015Investigation of executive chairman Deng Qilin

  1. 2017

    Former Chairman Deng Qilin Sentenced to 15 Years in First-Instance Bribery Case

    In May 2017, Deng Qilin, former chairman of Wuhan Iron and Steel Group, was sentenced to 15 years in prison in a first-instance ruling for accepting more than 55.39 million yuan in bribes, with the related assets recovered in accordance with the law. This entry covers the sentencing development in the previously investigated case and the personal duty-related crime of the former head.

    Source 1Source 2

  2. 2015

    Investigation of executive chairman Deng Qilin

    Deng Qilin, WISCO's executive chairman, was investigated for corruption in 2015. The investigation occurred during a period of financial strain, workforce restructuring and leadership change at the group.

    Source