(Yicai Global) June 18 -- Fuji-Ta Bicycle recently applied to courts for the repayment of CNY250 million from Ofo operator Datong Beijing Management Consulting due to a sales contract dispute. However, the court found that Ofo had "no property" available, the Beijing Youth Daily reported. 

A court previously banned part of Ofo's management staff, including founder Dai Wei, from traveling by plane, sleeper train or first-class on high-speed trains as well as from buying automobiles and luxury goods. This was due to not fulfilling court orders.