Businessman gets 18 years in jail for bank fraud
Macau businessman Liu Haigui was yesterday sentenced in absentia to 18 years behind bars for defrauding The Macau Chinese Bank (MCB) out of about 456 million patacas, but all the other 14 defendants in the case were acquitted, including the bank’s former president Yau Wai Chu, according to reports by local journalists who attended the sentencing.Five defendants who had been remanded in custody for about a year, including businesswoman and newspaper publisher Bobo Ng Son Po, were released from