family: Future Land, which is known in China by the name of its subsidiary Seazen Holdings, issued an open letter in Chinese Friday in which it apologized for its founder's reported behavior and the great suffering he had caused the alleged victim and her family, according to CNN. We are deeply troubled, shocked and upset about the fact that it is our company's founder who caused this storm, the company said. Billionaire Wang Zhenhua, who founded Future Land Development Holdings in 1996, was detained earlier this week on suspicion of having molested a minor in a Shanghai hotel, Chinese state media reported. We, as well as the public, think juveniles are the future of society, and any behavior that harms them should be punished by the law. The police are continuing to investigate but would not comment beyond what was in their statement. Shanghai police said in a statement Wednesday that they had detained a 57-year-old man, identified only by the surname Wang, for alleged child molestation in a local hotel.
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