Wang Sicong banned from spending again
Wang Sicong, online celebrity and son of Chinese real estate and film industry tycoon Wang Jianlin, was restricted from high-end consumption again just a few days after his previous restriction order was lifted.
Jing'an District People's Court issued three consumption restriction orders against him late last week following three service contract disputes involving his former online live streaming platform Panda TV, which was closed down on March 30 this year.
Three media companies, based in Shenyang, Xi'an and Chengdu, filed separate lawsuits against Panda TV at Jing'an court on October 23, the nation's official law execution website shows.
According the orders, Panda TV didn't fulfill its duties according to the execution notice in time, so its owner, Wang, was banned from high-end consumption, including buying real estate, tourism and vacationing.
Wang was also been blacklisted by Beijing No.2 Intermediate People's Court on Monday as subject to law of execution with the amount reaching 150 million yuan (US$22 million).