From the South China Morning Post, via Asia Media:
Beijing Media, the first Chinese state-owned media company to sell shares to the public, said two of its vice presidents and four other employees have been detained in Beijing.
Advertising department head Yu Dagong and two of his subordinates were being held on suspicion of bribery while another employee of the department and Vice Presidents Zheng Yijun and Niu Ming were detained for unspecified reasons, Beijing Media said in a statement late on Monday.
All six have been suspended and the company planned to conduct its own investigation and assess any financial impact, the statement said.
Beijing Media is the advertising arm for the Beijing Youth Daily, the Chinese capital’s second biggest-selling newspaper.
See also “Arrests maul Beijing Media” from the Standard.
