Chinese prosecutors have accused the chairman of the world’s largest tin producer of accepting bribes in exchange for business deals, The Wall Street Journal reported, citing state media. A report in Yunnan Information Daily said Yunnan Tin (000960.SHE) chairman Lei Yi took bribes to arrange the sale of his company’s stake in a private college to China’s LEED International Education Group. The article said the education company was co-founded by Goldman Sachs Group (GS.NYSE), citing LEED’s website. Goldman Sachs wasn’t mentioned or accused of any wrongdoing in the article and it wasn’t clear whether it has a stake in LEED.
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