Nov 17 (Reuters) - Coal miner SouthGobi Resources Ltd SGQ.TO 1878.HK said on Friday its chief executive was arrested on Oct. 11 and detained at the Rizhao City Detention Center in China as a suspect in a fraudulent loan case.
SouthGobi's board has formed a special committee to investigate the charges against Aminbuhe. this week, the company said Aminbuhe was on leave and appointed Bing Wang as interim CEO. joined SouthGobi as non-executive director in August 2015 and became the CEO a month later.
Before joining SouthGobi, Aminbuhe was a director at National United Resources Holding Ltd 0254.HK .
Vancouver-based SouthGobi, whose primary market is China, operates its flagship coal mine in Mongolia.