NetEase executives and workers were reportedly arrested amid a corruption investigation

[Pelican Press 0]

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NetEase executives and workers were reportedly arrested amid a *********** investigation

The ex-head of NetEase’s esports division and NetEase Games’ former general manager are said to have been arrested on money laundering and bribery charges. Alongside ex-executives Xiang Liang and Jin Yuchen, several other people who worked at the company were reportedly arrested over alleged ***********.

As noted by

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, ******** outlet

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reported that the former employees in question allegedly laundered in the region of 800 million to 1 billion yuan ($111 million to $139 million). NetEase confirmed to

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only that police were investigating possible ***********. The company is said to have

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for alleged bribery.

Several external individuals were also implicated, according to

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. The outlet noted that, per an internal memo, NetEase will refuse to do business with 27 companies that have been connected to the alleged ****** and ***********.

NetEase is behind the likes of and Naraka: Bladepoint (the latter of which averages more than 109,000 players on Steam at any given time). It has two free-to-play shooters on the way based on major franchises, namely and .

White collar ******* aren’t quite a rarity in the games industry. Sonic the Hedgehog co-creator Yuji Naka was last year and ordered to pay just over $1.1 million after admitting to insider trading.

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#NetEase #executives #workers #reportedly #arrested #*********** #investigation

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