(Reuters) - Coal miner SouthGobi Resources Ltd said on Friday Chairman and Chief Executive Officer Aminbuhe was arrested on Oct. 11 and detained at the Rizhao City Detention Center in China as a suspect in a fraudulent loan case.
SouthGobi’s board has formed a special committee to investigate the charges against Aminbuhe, it said.
Earlier this week, the company said Aminbuhe was on leave and appointed Bing Wang as interim CEO.
A person who answered the phone at the Rizhao detention center when Reuters called on Saturday would not comment on Aminbuhe’s detention.
Aminbuhe joined SouthGobi as non-executive director in August 2015 and became the CEO a month later.
Before joining SouthGobi, Aminbuhe was a director at National United Resources Holding Ltd.
Vancouver-based SouthGobi, whose primary market is China, operates its flagship coal mine in Mongolia.
Resource: Reuters
(Reuters) - Coal miner SouthGobi Resources Ltd said on Friday Chairman and Chief Executive Officer Aminbuhe was arrested on Oct. 11 and detained at the Rizhao City Detention Center in China as a suspect in a fraudulent loan case.
SouthGobi’s board has formed a special committee to investigate the charges against Aminbuhe, it said.
Earlier this week, the company said Aminbuhe was on leave and appointed Bing Wang as interim CEO.
A person who answered the phone at the Rizhao detention center when Reuters called on Saturday would not comment on Aminbuhe’s detention.
Aminbuhe joined SouthGobi as non-executive director in August 2015 and became the CEO a month later.
Before joining SouthGobi, Aminbuhe was a director at National United Resources Holding Ltd.
Vancouver-based SouthGobi, whose primary market is China, operates its flagship coal mine in Mongolia.
Resource: Reuters
Introduction of Mr.Aminbuhe
Chairman and Chief Executive Officer
Mr. Aminbuhe joined the Company as Non-Executive Director on August 6, 2015 and became an Executive Director and Chief Executive Officer on September 1, 2015. He was elected as Chairman of the Board on June 30, 2017.
Mr. Aminbuhe has diverse senior experiences, covering sales and marketing, logistics and operation management, in the coal industry in China and Mongolia. Mr. Aminbuhe is the Chairman of the Canada Inner Mongolia Chamber of Commercial. He is also the Vice President of the Industrial and Commercial Federation of Alashan League in Inner Mongolia, as well as a member of Executive Committee and Standing Committee. Prior to joining the Company, Mr. Aminbuhe was Executive Director at National United Resources Holding Limited and was the Chairman of Inner Mongolia Ejina Jin Yun Kun Tai Industrial Development Co. Ltd.
Mr. Aminbuhe graduated from the Beijing Institute of Technology with a Bachelor Degree in Management Engineering and is a member of the Canadian Institute of Corporate Directors.
Resource: www.southgobi.com/html/about_directors.php
Introduction of Mr.Aminbuhe
Chairman and Chief Executive Officer
Mr. Aminbuhe joined the Company as Non-Executive Director on August 6, 2015 and became an Executive Director and Chief Executive Officer on September 1, 2015. He was elected as Chairman of the Board on June 30, 2017.
Mr. Aminbuhe has diverse senior experiences, covering sales and marketing, logistics and operation management, in the coal industry in China and Mongolia. Mr. Aminbuhe is the Chairman of the Canada Inner Mongolia Chamber of Commercial. He is also the Vice President of the Industrial and Commercial Federation of Alashan League in Inner Mongolia, as well as a member of Executive Committee and Standing Committee. Prior to joining the Company, Mr. Aminbuhe was Executive Director at National United Resources Holding Limited and was the Chairman of Inner Mongolia Ejina Jin Yun Kun Tai Industrial Development Co. Ltd.
Mr. Aminbuhe graduated from the Beijing Institute of Technology with a Bachelor Degree in Management Engineering and is a member of the Canadian Institute of Corporate Directors.
Resource: www.southgobi.com/html/about_directors.php
