Milos Zeman Ye Jianming Xi


Zeman Dispatches Envoy To China: To Hunt Down CEFC CEO Ye Jianming

CEFC, China, Corruption Czech Republic, Czech Republic, Czechia, Miloš Zeman, Prague, Ye Jianming

Prague, March 15 (CTK) – The Czech Presidential Office has sent its head Vratislav Mynar and presidential adviser Martin Nejedly to China to check the information about the alleged detention of CEFC company’s head Ye Jianming, presidential spokesman Jiri Ovcacek told CTK today.


According to the server, the delegation also includes Jaroslav Tvrdik, the deputy chairman of the board of the CEFC Group (Europe) Company. CEFC Group (Europe) Company spokesman Pavel Bednar, however, declined to comment on this information.


Ye Jianming was reportedly detained in China mid-February. Neither CEFC nor Chinese authorities have confirmed the detention officially.


Ye Jianming is allegedly suspected of having committed an economic crime.


CEFC has chosen the Czech Republic as a centre for its European activities. It has also bought stakes in several Czech companies.


In 2015, President Milos Zeman appointed Ye Jianming as his special economic adviser. According to information from the Presidential Office, Ye Jianming still remains in this post and Zeman is waiting for an official confirmation from China until he makes further steps.


The CEFC group is engaged mainly in the sectors of energy, finance and industry. According to, the three-member delegation left for China on Tuesday afternoon and is to return to the Czech Republic at the end of this week.


In the Czech Republic, CEFC Group (Europe) Company has bought stakes in Travel Service airlines, online travel agency, and J&T Finance Group. It controls Pivovary Lobkowicz Group brewery and Zdas metallurgy and machinery company, and is the majority owner of Slavia Praha football club and the Eden stadium which the club uses for its home matches.