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#1 Oh No...Not good news for the big boys at QingQi02-14-2009, 11:02 AM
http://news.sina.com.cn/c/2009-02-14/023417211775.shtml
Looks like some serious tax evasion since 1994 has landed about 40 of Qingqi's management in the Chinese clink. The big boss himself seem to be stuck for life in a toiletless Chinese prison. The story also says 5 upper members of China's Communist big red machine from the Jinan area have also been indited.
What does this mean for the future of Qingqi bikes.........
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02-14-2009, 11:56 AM
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02-14-2009, 07:30 PMJincheng Monkey JC50Q-7
Skyteam Dax replica ST110-6
Zongshen ZS125-43
Qingqi QM200GY-BA Super Motard
Qingqi QM110GY
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02-15-2009, 12:56 AM
This all depends of whether the guys that have been kicked out were deadwood or the smart guys!
Qingqi could get a load better, or a load worse!
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02-15-2009, 01:58 AM
I think that Carl had something to do with all of this. Wasn't he hanging out at the factory alot, and got a bike to try out for free?
Now he has left China....hmmmmmm?
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02-15-2009, 05:25 PMThanks. It appears Mr Zhang Jialing, Qingqi's chairman, is a "senior economist" that has caused losses of $115 million to some banks, issued credit letters to the tune of $585 million, personally stole nearly $1 million from company funds, accepted bribes to the tune of $0.5 million, tax fiddles of $1.6 million...etc, etc.
Quite a financial wizzard, our Mr Zhang. We could do with more like him in the west....(on second thoughts...No).
Shame. He has an honest face...
Jincheng Monkey JC50Q-7
Skyteam Dax replica ST110-6
Zongshen ZS125-43
Qingqi QM200GY-BA Super Motard
Qingqi QM110GY
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02-16-2009, 09:25 PMThere was a Qingqi Jinan importer here in the Milwaukee area a while back who dumped Q's product and dissappeared in the night. He had formerly worked for US Customs. I knew something was fishy...very fishy...with him.
I had be told he was in bed with a party person. Also, someone told me he was giving kickbacks to that person. Besides, I personally saw him with a stack of blank MCOs - directly from Jinan Q.
That importer got cancer and died last year. I dislike crooks, but feel sorry for those poor SOBs.
Peej
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