国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

China hunts law-breaking billionaire

(Xinhua) Updated: 2014-08-12 15:56

Bosses on the lam

In recent years, any number of millionaire businessmen like Liao, accused of fraud or simply out of their financial depth, have fled the country. Life abroad with large with large sums of other people's money is far preferable to dealing with bankruptcy or feeling the wrath of the domestic law.

For instance, Wang Li, chairwoman of Junlihao Group in Qingdao, Shandong province, disappeared in April, owing at least 1.2 billion yuan. A month later, Huang Shuimu, head of Tiancheng Group in Fujian province, vanished following a crisis in a capital chain. By the end of June this year, the bosses of 123 peer-to-peer online lending firms had absconded abroad.

China hunts law-breaking billionaire
Former company head arrested for bribe-taking, graft
China hunts law-breaking billionaire
Top executives held on corruption charges
Xia Xinping, a research fellow with Guangxi University of Science and Technology, believes economic fugitives abscond because of the low cost of running away.

"They accumulate huge debts in China, and evade them all by simply bailing out," Xia said.

Despite government action, only a small number of them have been repatriated so far, making flight the optimum solution for the disaffected super-rich.

Government on the hunt

The hunt for the fugitives is on. In July, the government campaign Fox Hunt 2014 began to track down suspects of economic crime who have fled the country.

"China has extradition treaties with more and more countries now, which certainly helps the campaign," said Wang Yukai, a professor at the Chinese Academy of Governance.

China has been a member of Interpol since 1984. Since 2008, more than 730 suspects of economic crimes have been repatriated to China from 54 countries and regions.

In a national teleconference in July, officials with the Ministry of Public Security called on police authorities to urge suspects to give themselves up and to offer rewards for information from the public that leads to arrests.

"Even if they are in the farthest corners of the world, we will find them, seize them and bring them to justice," said Liu.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
黔西| 区。| 镶黄旗| 铜梁县| 陕西省| 顺平县| 万全县| 微博| 清原| 柞水县| 剑河县| 确山县| 清流县| 霸州市| 陇川县| 光山县| 白城市| 贺兰县| 临武县| 吉林省| 吉木萨尔县| 固始县| 鄂伦春自治旗| 富裕县| 连南| 方城县| 灵丘县| 保康县| 巍山| 肇庆市| 苍南县| 尖扎县| 黄石市| 阜平县| 宜阳县| 手机| 临高县| 邢台市| 昌乐县| 丘北县| 阜城县|