Chinese Court Convicts Wilmar's Guangzhou Yihai in Palm Oil Fraud Case
Wilmar International
CONFIRMED88% CONFIDENCEYKA announcement 2025-038: 'On 19 November 2025, Guangzhou Yihai received the first-instance Criminal Judgment [(2024) Wan 06 Xing Chu No. 3] issued by the Huaibei Intermediate People's Court.'[1]
A court in Huaibei found Yihai (Guangzhou) Oils & Grains, a unit of Wilmar's Yihai Kerry Arawana, guilty as an accessory to contract fraud, fining it RMB 1 million and making it jointly liable for RMB 1.881 billion; the company is appealing.
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