Chinese real estate firm Evergrande ousts top executives after loans come under scrutiny

Beijing [China], July 24 (ANI): China Evergrande, the embattled Chinese property developer, has ousted its CEO and chief financial officer after authorities conducted an internal investigation into "Why bank" and seized over USD 2 billion from the firm's property services arm.

The resignations came as the Chinese property developer fights for its survival as it struggles to manage its crushing USD 300 billion in