Founder of China's Evergrande Pleads Guilty to Fraud Charges
Hui Ka Yan, founder of the Chinese property developer Evergrande, has pleaded guilty to embezzlement and corporate bribery charges during a public hearing held on 13 and 14 April 2026 in Shenzhen.The Shenzhen Intermediate People's Court confirmed that the verdict will be announced at a later date.Hui expressed remorse during the hearing, which was reported by Chinese state media.Evergrande's collapse in 2021 triggered a significant slump in China's property market, affecting investors and domestic banks.At the time, the company had around 1,300 projects across 280 cities and was known as the world's most indebted property developer with debts of approximately... [Continue Reading]
360LiveNews | 14 Apr 2026 09:06 LONDON
Spanish Prime Minister's Wife Charged with Corruption After Two-Year Probe
Begoña Gómez, wife of Spanish Prime Minister Pedro Sánchez, has been formally charged with corruption following a two-year criminal investigation, according to a court ruling published on April 13, 2026.Gómez faces charges including embezzlement, influence peddling, corruption in business dealings, and misappropriation of public funds.The charges relate to her role at Madrid's Complutense University, where she directed a master's degree course in business studies.The investigation, initiated by Judge Juan Carlos Peinado in April 2024, found evidence suggesting Gómez exploited her position as the prime minister's wife to secure the university post despite lacking relevant qualifications.She is also accused of using... [Continue Reading]
360LiveNews | 14 Apr 2026 05:03 LONDON
