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Corporate Investigations

All articles tagged with #corporate investigations

business3 years ago•4 min saved

Mintz Executives Depart Hong Kong Following China Raid.

Some Hong Kong-based staff with U.S. consultancy Mintz Group have left the city after the firm's Beijing office was raided by Chinese police in March. The relocations over the last couple of months are meant to be a temporary measure to ensure staff safety, given the uncertainty of the Chinese police probe. Investigations by Chinese authorities into Mintz, as well as U.S. management consultancy Bain & Co and mainland consultancy Capvision Partners, have sent a chill through companies that deal with China.

via Reuters|

#business #china #corporate-investigations

business3 years ago•3 min saved

China Cracks Down on US Due Diligence Firm Mintz Group

Chinese authorities have detained five local staff and closed the Beijing office of US corporate due diligence firm Mintz Group, which specialises in background checking, fact gathering and internal investigations. The move has stoked concern among foreign companies in China just as it hosts an international economic forum. The incident comes as Sino-US relations have spiralled downwards following months of diplomatic tensions.

via New York Post |

#business #china #corporate-investigations

business3 years ago•2 min saved

China Detains U.S. Due Diligence Firm's Employees and Raids Office

The Mintz Group, a US-based corporate investigations firm, has said that Chinese authorities raided its Beijing office and detained all five of its Chinese employees. The company has not been able to contact the employees since they were taken away. It is unclear what the authorities’ objectives were in investigating the company, and the government did not respond to a request for comment. The move highlights the potential risks that firms involved in due diligence face in China as Xi Jinping, the country’s top leader, has repeatedly called for a greater emphasis on security and has tightened the ruling Communist Party’s grip on information.

via The New York Times|

#business #china #corporate-investigations