A report on the results of an internal investigation at Tencent (0700.HKG) has implicated Alibaba (BABA.NYSE) vice president Patrick Liu in corruption during his time at the former company, Tech In Asia reported, citing a statement from Alibaba. “We understand that Patrick Liu with our digital entertainment unit has been detained by the authorities,” Alibaba said in a statement. “This issue is related to his time at Tencent and has nothing to do with Alibaba.” The Tencent report, released Thursday, revealed that a number of employees in its film-related operations had been implicated in bribery and other types of internal corruption.
China Economic Review