China leaves Mintz employees released after two years in prison
China leaves Mintz employees released after two years in prison
The Chinese authorities have released all employees of the company Mintz who have been working since a Beijing in March 2023 were in custody for two years. This was confirmed by a spokesman for the US DUE diligence company Mintz Group in an email to Reuters.
background of the arrests
In the attack, the Chinese police arrested five local employees, which was the start of a comprehensive offensive against consulting and due diligence companies. This also included offices of bain & company in shanghai and capvision partners .
effects on investors
At that time, foreign business representatives commented on the effects of the actions because they damaged the trust of investors in the second largest economy in the world.release of the employees
"We are grateful to the Chinese authorities that our former colleagues can now be with their families again," said a spokesman for Mintz.
worldwide presence of mintz
As can be seen from a message in May 2023, Mintz worked in the corporate due diligence and examined possible signs of forced labor in supply chains associated with the Xinjiang region in China. Mintz has 12 offices worldwide and more than 280 investigators, as can be read on the company website.
This is an ongoing message.
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