NetEase Games employees, including top executives, were arrested for bribery and money laundering in a $139M case involving suppliers.

The ex-head of NetEase's esports division and NetEase Games' former general manager are said to have been arrested on money laundering and bribery charges. Alongside ex-executives Xiang Liang and Jin Yuchen,

Chinese publisher NetEase Games fires two of its senior executive members who have been accused of money laundering and bribery.

NetEase confirmed that police have taken the executives and employees into custody and are investigating money laundering charges.

Nine NetEase employees have reportedly been detained on money laundering and bribery charges amounting to an estimated

In an internal memo to staff, NetEase Games - which develops Marvel Rivals and Destiny: Rising - announced it has since dismissed a total of nine staff for alleged bribery. It's thought the case impacts 28 suppliers to the Chinese megacorp in a case worth roughly one billion yuan - that's £107.5 million / $139.3 million.

Staff of NetEase Games have been reportedly arrested on suspicion of laundering money. The estimated amount of laundered money is reportedly between $111-$140 million. The stock price of NetEase Games has dropped over 5% as a result of the scandal.