Shanghai Daily: Business - shanghaidaily.com
BEIJING police are investigating the former chairman of a renowned Beijing real estate company, Beijing Evening News reported today. However, police didn't reveal why they were investigating Liu Yiliang. Golden Keys Investment Group said Liu was sacked at the end of October, before the investigation began. The company said its business has not been affected by the case. Liu set up Golden Keys Investment Consultation Co Ltd in 1995 and Golden Keys Real Estate Agency Co in 1996, the report said. He has won many honors including Beijing's excellent entrepreneur for the real estate sector in 2004. The company has more than 3,000 employees and operates more than 200 outlets, the report said. Another real estate boss was also in the spotlight recently because his disappearance triggered public concerns about the management of funds at property agencies. Many media reported that Jiang Fei, boss of Shenzhen Zhongtian Real Estate Company, left the company with 170 million yuan