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Founder of China property giant Evergrande pleads guilty to fraud

Hui Ka Yan's plea comes after three years in detention, while Evergrande's liquidators are battling in court outside mainland China to freeze the offshore assets of the founder and his ex-spouse over billions of US… Grouped from 2 articles across 2 sources.

2 reports2 sourcesApr 14, 2026, 10:25 AM
FilterABC Australia
Clustered coverageABC Australia, DW
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ABC AustraliaApr 14, 2026, 10:25 AM

Founder of China property giant Evergrande pleads guilty to fraud

Hui Ka Yan's plea comes after three years in detention, while Evergrande's liquidators are battling in court outside mainland China to freeze the offshore assets of the founder and his ex-spouse over billions of US dollars in dividends and remuneration.

DWApr 14, 2026, 6:16 AM

China: Evergrande property developer founder pleads guilty

China's property developer giant has become its also its most indebted and defaulted on most of its liabilities and payments in 2021. Founder Hui Ka Yan "pleaded guilty and expressed remorse," the court said.

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