- The failed bidders of Crafar farms have been found guilty of fraud in Hong Kong.
Hao May, formerly known as May Wang, 53, and two former senior executives of a listed company behind the bid, were found guilty of fraud over the acquisition of the 22 North Island dairy farms.
* Would-be Crafar farm buyers lose court bid
* Crafar farms sale to Chinese group approved
* Shanghai Pengxin puts all its farms up for sale
LAWRENCE SMITH/FAIRFAX NZ/FAIRFAX NZ
May Wang, the businesswoman at the centre of a failed bid to buy the Crafar farms, has been found guilty of fraud charges in Hong Kong
READ MORE VIA NZHERALD.