Antaeus will invest further in JV with E-World, despite arrest of E-World President.

China Business News | January 16, 2006 | Copyright

Antaeus will invest further in JV with E-World, despite arrest of E-World President

Shanghai. January 16. INTERFAX-CHINA - Antaeus Group said it would continue to invest in Antaeus Global, a digital video joint venture between Antaeus Group and Beijing E-world, despite the detention of E-World's president on charges he misappropriated funds from the joint venture.

"The police are still investigating the case. All we know is that the case is complicated and a large amount of money is involved," Jing Lei, an official with Antaeus Group, told Interfax.

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