PANews reported on March 28 that according to The Paper, the former head of A&T Capital Yu (also known as Yu Jun) was investigated by the Hangzhou Public Security Bureau on March 9 for suspected sexual assault. Some netizens claimed that Yu was an Ant Group executive. , Ant responded. Relevant people from Ant stated that Yu was once a staff member sent by Ant to an overseas fund (namely A&T Capital). He submitted his resignation to the company on March 6 this year and has now completed the resignation procedures. While Yu was going through the resignation handover procedures, the family members of the girl involved went to the company on March 17 to make a request to communicate with Yu. The company requires Yu to fully cooperate with the police investigation. At present, the police have also intervened and all information is subject to disclosure by the police. The company will never tolerate illegal or unethical behavior.
Prior to yesterday's news, A&T Capital stated that Yu Jun is under investigation by relevant units and an independent investigation team has been established within the company.
