Arrest at NetEase. Managers had to launder billions of crowns.

Chinese giant NetEase A corruption case has been opened against him. Police detained nine employees and the company launched an internal investigation. The main suspects are Xiang LanHead of eSports, Jin YuchenHead of Distribution and Marketing Department. The situation is reported by Chinese media Leifeng and YiCai or Bloomberg.

The detention of high-ranking managers took place at the company’s headquarters in the city Hangzhouwhere they were called under the pretext of postponing another marketing meeting. Lang and Yucheng are reported to be involved in large-scale money laundering. About a billion Chinese yuan could pass through their hands. 3 billion 270 million crowns. The total contract amount is estimated to be double.

Some employees are also suspected of buying traffic for “NetEas’s largest products.” Twenty-eight companies were also involved in criminal activity, with which NetEase immediately ceased cooperation.

The publisher fired several employees and said it was investigating corruption. At the same time, he called completely false reports that this is money laundering. One of the suspects reportedly denied being arrested. Some have already returned from interrogations, but Lang, for example, is reportedly still in the hands of the police.

NetEase is one of the largest Chinese gaming companies, along with Tencent or miHoYo. In addition to domestic activities, it is expanding, as is competition in the West. Probably its most famous team is Quantum Dreamwhich he bought in 2022. Releases games in China, despite a year-long break from Blizzard. Among many others, he is developing, for example, the recently announced Destiny: Rising.