Chinese Billionaire Faces ‘Jail Sentence’ Over Alleged Child Molestation

FAMOUS Chinese real estate developer has been arrested for alleged child molestation.

The Communist Party newspaper Global Times identified Wang Zhenhua, the former chairman of Seazen, one of China’s largest developers as one of the two people, whose arrests were ordered by the Shanghai prosecutor’s office.

The Shanghai prosecutor’s office only identified the men by their surnames – Wang and Zhou in a brief statement.

Meanwhile, the Shanghai Municipal People’s Government said it had expelled Wang, depriving him of political connections that could affect any future prosecution.

The allegations received wide media coverage in China, including on national broadcaster CCTV, highlighting on what is believed to be a common but underreported crime affecting millions of children.

Under Chinese law, sexual assault on a child is punishable by up to 5 years in prison.

Cases of children being molested by teachers, relatives and neighbors are rampant in China in recent years.

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