The account, according to China International Holdings, was frozen by the Yiling District Public Security Bureau of Yichang City, Hubei Province.
China International Holdings says that a bank account belonging to its subsidiary in China has been frozen by local police.
As at March 30, the subsidiary, CIHL (Tianjin) City Development, has a balance of RMB18.64 million in the account with China Bohai Bank.
