Leading Vancouver property developer is just one of 26 fugitives suspected of corruption, fleeing from China to Canada

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renminbiThis article appeared in a Hong Hong paper today. For us, it raises many questions. One wonders what the implications are for the Metro Vancouver region. Was “hot” money invested in property developments here? How much, and where? Did any of this money or subsequent profits find its way into the hands of politicians as political donations? Did these fugitives or their agents have contact with elected officials or public servants? How prevalent are previously-unknown cases like these? What have their impacts been on housing affordability? Will Canadian authorities cooperate? How much information will the public ever get?

Major Vancouver property developer is a Chinese corruption suspect wanted by Interpol
(by Ian Young, South China Morning Post, 29-Apr-2015)
http://www.scmp.com/news/china/society/article/1780152/major-vancouver-property-developer-chinese-corruption-suspect

A few excerpts below. Please go to SCMP site for the full article.

  • A prominent Vancouver property developer has been identified as a Chinese corruption
  • suspect who is wanted by Interpol…

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