U Penn Can’t Explain Mystery Donation From Chinese Company


Penn and China have gotten quite cozy of late. The name of the ‘company’ that gave this gift? “The Nice Famous Corporation Limited.”

(From The Washington Free Beacon)

The University of Pennsylvania received the $3 million in question from a Hong Kong-based company called “Nice Famous Corporation Limited,” according to financial disclosures. And while a spokesman for the university, Stephen McCarthy, initially told the Washington Free Beacon that the money came from a Chinese national named Xin Zhou whose firm is “a large client” of the university’s business school, a review of Chinese public records by the Free Beacon could not establish a connection between Zhou and the Nice Famous Corporation.

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This article was originally posted here: https://www.ac2news.com/2020/08/u-penn-cant-explain-mystery-donation-from-chinese-company/.

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