China drags fugitives, funds back home

More than US$519 million recovered in 2018

14 January 2019 | Ekonomie
More than 1 000 Chinese fugitives who fled abroad were returned to the country last year and more than US$519 million in ill-gotten gains was recovered, the ruling Communist Party said on Friday.

The achievement is seen as a further victory in President Xi Jinping's years-long drive against corruption.

The party's anti-corruption watchdog said among the 1 335 returned were 307 party members or government employees, including five on a list of the 100 most-wanted Chinese corruption suspects handed over to Interpol.

They include Xu Chaofan, the former manager of a branch of the Bank of China in the southern province of Guangdong suspected of embezzling US$485 million, who fled to the United States 17 years ago and Yao Jinqi, a former deputy county chief who was extradited from Bulgaria, becoming the first fugitive sent home from a European Union country.

China says its four-year-old campaign to return white-collar criminals and recover assets has captured more than 5 000 fugitives in all. The operation known as ‘Sky Net’ marked an extension of the anti-corruption drive Xi launched shortly after taking power more than eight years ago. The campaign is largely popular and has helped make Xi China's most powerful leader in decades. Critics say it has also been used to remove challenges to Xi's authority and undermines the rule of law since it is spearheaded by the Communist Party, rather than the government.

Domestically, 621 000 people received punishments for corruption last year, including 51 officials at or above provincial and ministerial level, according to the party watchdog body, the Central Commission for Discipline Inspection. Along with detaining suspects and seizing assets, graft-busters have also taken extreme measures such as demolishing 1 000 luxury villas built illegally in northern China's Qingling mountains, according to a recent documentary shown on state television.

A weekend conference was expected to set out new anti-corruption priorities for the coming year. NAMPA/AP

Soortgelyk

 

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