JD.com head Liu briefly held in US for sex­ual mis­con­duct

The Malta Business Weekly - - INTERNATIONAL -

The chief ex­ec­u­tive of Chi­nese on­line re­tailer JD.com, Liu Qiang­dong, was briefly ar­rested in the US on ac­cu­sa­tions of crim­i­nal sex­ual con­duct.

Mr Liu, one of China's rich­est peo­ple, was ar­rested in Minneapolis shortly be­fore mid­night on Fri­day and re­leased on Satur­day af­ter­noon.

JD.com said Mr Liu, also known as Richard Liu, was falsely ac­cused. Po­lice say the in­ves­ti­ga­tion is open.

JD.com, also known as Jing­dong, has al­liances with Ten­cent and Wal­mart.

JD.com said in a state­ment on the Chi­nese so­cial me­dia plat­form Weibo that Mr Liu ar­rest in Min­nesota was based on an "un­sub­stan­ti­ated ac­cu­sa­tion".

"The lo­cal po­lice quickly de­ter­mined there was no sub­stance to the claim against Mr Liu and he was sub­se­quently able to re­sume his business ac­tiv­i­ties as orig­i­nally planned," it said.

Minneapolis po­lice said they were re­leas­ing no fur­ther in­for­ma­tion on the case as it re­mained ac­tive.

"We made the de­ci­sion to re­lease him, that is not in­dica­tive of the strength of the ev­i­dence," John El­der, po­lice pub­lic in­for­ma­tion of­fi­cer, said.

"There is ab­so­lutely no re­stric­tion on his travel. The un­der­stand­ing is that if we need to get in touch with him, we will be able to do so."

Mr Liu has a net worth of $7.9bn cur­rently, ac­cord­ing to Forbes. He shared spot 140 with two others on Forbes' 2018 bil­lion­aires list, where his net worth was put at $10.8bn.

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