SINGAPORE (Mar 16): When news broke a fortnight ago that CEFC China Energy chairman Ye Jianming was investigated by the Chinese authorities for economic crimes, it quickly made headlines around the world.

In just 16 years, CEFC China Energy has gone from being little more than a niche fuel trader to a sprawling corporate group with energy assets in Africa and Eastern Europe.

Last September, the group also made the headlines when it announced it would buy a 14.16% stake in Russian oil giant Rosneft Oil for US$9.1 billion ($11.9 billion).

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