local controller and other PRC finance department staffWhy can't they just kick their a$$ out. This is what you have to go through if you deal with countries like China.
Well in my opinion if everything is true what was in that news realse, there is not much to worry about.
I appreaciate that:
"Both the legal representative chop and the finance chop are required to execute banking transactions; as such, the finance chop alone does not allow the local controller to undertake banking transactions and Mr. Guan has advised that the bank accounts are secure".
and
"we confirm that GreenStar has contingencies in place and has taken steps to continue to operate its business operations in China"