THE YUHU GROUP

WHEN Yuhu Group shelled out $1.13 billion for the under-construction Jewel triple towers at Surfers Paradise earlier this year, chairman Xiangmo Huang was bullish about the project.

He called the ambitious design of the crystalline highrises “brilliant” and was happy with progress: “Our guiding principle as a developer is ‘built to last’ not ‘built to sell’ and we are also very community-minded and want to fit into the local fabric.”

The company and Mr Huang’s bold entry into the Gold Coast property market certainly wasn’t their first bold foray in Australia for Mr Huang or Yuhu Group.

In December, last year, when Labor senator Sam Dastyari resigned from Federal parliament, Mr Huang was dragged into the scandal.

In the lead-up to Mr Dastyari’s departure, it was reported he’d told Mr Huang during a conversation that his phone was most likely being tapped by intelligence agencies.

It prompted then-Prime Minister Malcolm Turnbull to say: “Whose side is (Mr Dastyari) on? Is he on the side of the agencies that keep us safe or is he on the side of a foreign government?”