Monday 19 March 2018

US executive held hostage by own staff pays $500,000 ransom

Nikhil Kumar New York

The American executive who was held hostage by workers at his firm's Beijing factory has arrived in the US after what he claims was a ransom payment of $500,000 (€385,000).

Chip Starnes told NBC he left the factory on Thursday following a cash payment.

The co-owner of Florida-based Speciality Medical Supplies said he went to China to close his plastics division.

When he arrived, workers in other divisions demanded similar severance packages, even though they were not being laid off.

"The factory turned against me," he said, rejecting claims that the workers were owed salaries. "That's false, they were all paid." (© Independent News Service)

Irish Independent

Today's news headlines, directly to your inbox every morning.

Editors Choice

Also in World News