HALISTER1: ICBC Managers Released From Spanish Jail, Mustn’t Leave Country

ICBC Managers Released From Spanish Jail, Mustn’t Leave Country

(Bloomberg) -- Spanish court releases ICBC managers Liu Gang, Liu Wei from jail Tuesday, according to rulings distributed by the court via e-mail.
  • Executives had to hand passports to court, can’t leave Spain
  • Have to appear in court twice a month, judges say
  • NOTE: Bankers arrested in Feb. as part of an investigation into money-laundering probe in ICBC’s Spanish unit
  • For previous story, click here
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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601398 CH (Industrial & Commercial Bank of China Ltd)

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Gang Liu (Industrial & Commercial Bank of China Ltd)

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