Detention of China Fortune Land’s co-president linked to wider probe of Chinese football officials, reports say
- The detention of Fortune Land’s co-president Meng Jing is connected to a broader probe involving Li Tie, a former national and club coach
- Meng’s detention coincided with the announcement of an investigation into Chen Xuyuan, the president of the Chinese Football Association
A Fortune Land executive confirmed the detention of co-president Meng Jing was connected to a broader probe involving Li Tie, a former coach of Hebei China Fortune Football Club, owned by the embattled developer, Lengjing, a Chinese investigative financial news site under Tencent Holdings, reported on Wednesday. No other details were provided.
Li, who is also the former coach of China’s national team, was put under investigation in November 2022 for “serious violations of the law”.
Fortune Land said in a filing to the Shanghai exchange on Tuesday that it was recently informed by an anti-corruption body in central China’s Hubei province about Meng’s detention.
The filing coincided with an announcement by the Hubei-based anti-corruption body on Tuesday, which said that Chen Xuyuan, the president of the Chinese Football Association, was under investigation for “suspicion of serious violations of law and discipline”. Chen’s investigation comes after several senior officials of the association, including Li, were charged in the last few months.
Fortune Land did not reply to a request for comment.