The Chinese government has asked banks for information on investments made in Jack-Mani

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BEIJING: China's Alibaba Group and its owner, Jack Ma, have come under fire again. The Chinese government has asked public sector banks and companies for information on investments and exposures in Ant Group.

Sources familiar with the developments said that various regulatory bodies, including the investigating NGOs, had recently asked the agencies under their supervision to scrutinize all the exposures of Ant Group and its subsidiaries and its shareholders till January. The probe is believed to be the most comprehensive and in-depth investigation into the Ant Group case.

It is unknown at this time what he will do after leaving the post. The National Audit Office is leading the investigation.

The Chinese government has launched an investigation a year after Ant Group's IPO was not approved. Notably, the Chinese government has been adopting strict rules against technology companies, startups for the past several months.

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