Read on Twitter
Did you know about the "naked official," the CCP apparatchiks who obtained permanent residency and stashed proceeds of crime and corruption in the West and fled China when things got too hot?
#vanre #vanpoli #CCPChina
1/
#vanre #vanpoli #CCPChina
1/
@Newsweek's Melinda Liu talked about it in 2008: "Chinese Netizens are buzzing about "naked officials": apparatchiks who connive to earn permanent resident status overseas by gradually stashing relatives and assets abroad."
https://www.newsweek.com/chinese-officials-go-naked-fleeing-85265
2/
https://www.newsweek.com/chinese-officials-go-naked-fleeing-85265
2/
"Once the noose begins to tighten back home, the unencumbered (or "naked") bureaucrats flee the country.
Watchdogs believe that some corrupt cadres are already salivating over Beijing's $580 billion stimulus package."
3/
Watchdogs believe that some corrupt cadres are already salivating over Beijing's $580 billion stimulus package."
3/
And many of these naked officials ended up in Vancouver.
"Gao Shan, a former Bank of China branch manager in Harbin, lived a modest life with his wife and daughter in Vancouver, Canada."
https://www.theaustralian.com.au/business/business-spectator/news-story/chinas-corruption-crackdown-catches-up-to-its-naked-officials/835dcd14cf6cf0d7af13a4140c2ffeb3
4/
"Gao Shan, a former Bank of China branch manager in Harbin, lived a modest life with his wife and daughter in Vancouver, Canada."
https://www.theaustralian.com.au/business/business-spectator/news-story/chinas-corruption-crackdown-catches-up-to-its-naked-officials/835dcd14cf6cf0d7af13a4140c2ffeb3
4/
His identity was uncovered when he was involved in a car accident.
"Gao was soon arrested by the Canadian immigration authorities for his failure to report that he was an employee of the Bank of China. He allegedly fled China with $180m stolen from his clients."
5/
"Gao was soon arrested by the Canadian immigration authorities for his failure to report that he was an employee of the Bank of China. He allegedly fled China with $180m stolen from his clients."
5/
Then, starting around 2013, Xi started going after naked officials.
"President Xi Jinping last year launched a crackdown on pervasive corruption over concern about public resentment towards Chinaâs stability-obsessed ruling Communist Party."
https://ca.reuters.com/article/idUSBREA4L0HW20140522
6/
"President Xi Jinping last year launched a crackdown on pervasive corruption over concern about public resentment towards Chinaâs stability-obsessed ruling Communist Party."
https://ca.reuters.com/article/idUSBREA4L0HW20140522
6/
To the shock and disbelief of nobody, much of the "naked officials" dirty money ended up in Vancouver real estate.
@cduhaime won an injunction injunction from BC Supreme Court, prohibiting the sale of four Vancouver-area homes worth $7.2 million.
7/ https://www.timescolonist.com/business/chinese-companies-want-courts-to-seize-b-c-properties-1.2340761
@cduhaime won an injunction injunction from BC Supreme Court, prohibiting the sale of four Vancouver-area homes worth $7.2 million.
7/ https://www.timescolonist.com/business/chinese-companies-want-courts-to-seize-b-c-properties-1.2340761
"Based on the case, @cduhaime said she has obtained information from China alleging that âbillions of dollarsâ of bank fraud proceeds are invested in B.C. real estate. She said she could not share the documents because of client privilege."
8/
8/
Many the naked officials to Canada come from Guangdong province. Most of the fentanyl and precursor chemicals come from Guangdong province.
https://globalnews.ca/news/4149818/vancouver-cautionary-tale-money-laundering-drugs/
9/
https://globalnews.ca/news/4149818/vancouver-cautionary-tale-money-laundering-drugs/
9/
âWith the fentanyl crisis, and Vancouver being ground zero with imports from China paid with Bitcoin from unregulated exchanges, the U.S. government is concerned about Vancouver,â @cduhaime said.
10/
10/
@cduhaime adds: âThe fact that Vancouver has emerged as a safe haven for proceeds of crime is even more concerning.â
11/
11/
Remember Lai Changxing?
"When a bribery and corruption case escalated in China, Lai fled to Hong Kong, and gained entry to Canada under immigrant investor status. He was a prolific VIP gambler in Richmond, associated to notorious loan sharks."
12/ https://globalnews.ca/news/4658188/fentanyl-china-canada-diplomatic-tensions/
"When a bribery and corruption case escalated in China, Lai fled to Hong Kong, and gained entry to Canada under immigrant investor status. He was a prolific VIP gambler in Richmond, associated to notorious loan sharks."
12/ https://globalnews.ca/news/4658188/fentanyl-china-canada-diplomatic-tensions/
Nearly all these naked officials and their satellite families are declaring poverty-level incomes while owning multiple mansions.
13/ https://windsorstar.com/opinion/columnists/douglas-todd-hidden-foreign-ownership-helps-explain-metro-vancouvers-decoupling-of-house-prices-incomes
13/ https://windsorstar.com/opinion/columnists/douglas-todd-hidden-foreign-ownership-helps-explain-metro-vancouvers-decoupling-of-house-prices-incomes
