SHENZHEN, China (Information) – A outstanding Chinese language lawyer who served on the board of telecoms gear large ZTE Corp has resigned after a number of information articles in state-backed media reported that he was beneath investigation for alleged sexual assault.
ZTE stated in a submitting with the Shenzhen Inventory Trade on Friday that it had acquired the resignation letter of non-executive board member Bao Yuming and that he’ll now not maintain any place on the firm.
The submitting stated that the corporate was “involved” by the media reviews.
Bao, often known as Robert Y. Bao, couldn’t instantly be reached for remark by telephone, e-mail or social media on Friday afternoon. His web site, Bao Legislation, couldn’t be accessed on Friday.
On Thursday, a neighborhood public safety bureau within the metropolis of Yantai in Shandong province stated on its official Weibo account that in October final 12 months it had reopened an earlier investigation into sexual assault allegations in opposition to a person named Bao after extra proof got here to mild.
Town government-backed Beijing Information reported on Thursday that it had acquired affirmation from Yantai police that the assertion referred to Bao Yuming. Information was not capable of instantly verify the report with Yantai police.
Bao was introduced on to ZTE’s board in June 2018 in a administration shakeup as a part of a cope with Washington, as the corporate sought to raise a devastating provider ban launched after it broke an settlement to self-discipline executives who conspired to evade U.S. sanctions on Iran and North Korea.
ZTE’s 2018 annual report says that Bao labored in New York and California for practically 10 years and that he has served as a senior authorized adviser to a number of multinational corporations together with Cisco and Information Company. It described him as “one of many high 10 chief authorized officers within the nation.”
Yantai Jereh Oilfield Companies Group stated in a separate inventory trade submitting on Friday that it had fired Bao from his position as vice chairman, citing media reviews of the investigation.
The celebrated Southwest College of Political Science and Legislation, in Chongqing, stated on Friday it had dismissed Bao from his position as a part-time researcher.
Reporting by David Kirton; Enhancing by Tony Munroe and Kim Coghill