From Economic Observer Online:
The 51-year-old Liu, known in China as the Highway King, was arrested in early June following a more than year-long investigation into corruption among transportation authorties in Zhejiang, a province bordering Shanghai.
Well-connected with government officials, Liu was the president of Shanghai-based Maosheng Group, a diversified company with interests in highway construction, housing development, investment consultancy, asset management, trading, restaurants, and more. Major assets of the company include four highways in Shanghai, three in Zhejiang, and land properties in downtown Chongqing.
Read also Shanghai ‘highway king’ facing corruption probe: lawyer by AFP, and Another Shanghai Road Baron in Custody from Caijing Magazine.