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JD.com CEO returns to China after arrest in U.S. sexual misconduct case

2018-09-04 02:07
The billionaire founder and chief executive of Chinese e-commerce giant JD.com Inc., Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released after what the company said was a false accusation. JD.com, backed by Walmart Inc., Alphabet Inc.'s Google, and China's Tencent Holdings, said in a statement on Sept. 2 that Liu, whose Chinese name is Liu Qiangdong, was falsely accused. "During a business trip to the United States, Mr. Liu was questioned by police in Minnesota in relation to an unsubstantiated accusation," the company said. "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. The company did not immediately provide further details, and Liu could not immediately be reached by reporters. The arrest of Liu, 45, was made just before midnight local time on Aug. 31, and he was released just after 4 p.m. on Sept. 1, according to the Hennepin County Sheriff website. It showed Liu was "released pending complaint". Credit: Reuters