Top sus­pect will­ing to re­turn and face the mu­sic

China Daily (USA) - - CHINA - By ZHANG YAN

One of China’s most-wanted fugi­tives will re­turn from New Zealand to stand trial, ac­cord­ing to the au­thor­i­ties.

YanYong­ming, for­mer chair­man of Tonghua Jinma Phar­ma­ceu­ti­cal In­dus­try Group in Jilin prov­ince, is ac­cused of fraud and em­bez­zle­ment val­ued at $250 mil­lion. Last month, the 47-year-old turned him­self in to Chi­nese ju­di­cial au­thor­i­ties and said he will re­turn vol­un­tar­ily to face trial.

“He has reached an agree­ment with po­lice in both New Zealand and China, and will re­turn to face the courts. He is will­ing to re­turn the money he re­ceived il­le­gally,” said a se­nior of­fi­cial from the Min­istry of Pub­lic Se­cu­rity, who de­clined to be iden­ti­fied.

In ad­di­tion, ju­di­cial of­fi­cers in both coun­tries are in ad­vanced ne­go­ti­a­tions about shar­ing $31 mil­lion that Yan al­legedly stowed in New Zealand, the of­fi­cial said.

How­ever, he was un­able to pro­vide de­tails of how China’s ju­di­cial au­thor­i­ties will con­duct the in­ves­ti­ga­tion into Yan, who holds New Zealand cit­i­zen­ship un­der the name of Wil­liam Yan.

Ac­cord­ing to the Cen­tral Com­mis­sion for Dis­ci­pline In­spec­tion, China’s top anti­graft­watch­dog, Yan­fled toNew Zealand in 2001 af­ter charges were brought against him.

In 2005, In­ter­pol is­sued a red no­tice — an in­ter­na­tional ar­rest war­rant — for him. In April last year, Yan was fifth on In­ter­pol’s list of the 100 most­wanted Chi­nese fugi­tives at large over­seas.

In Au­gust, the New Zealand High Court de­cided to end a money laun­der­ing in­ves­ti­ga­tion into Yan, and ruled that his al­leged il­le­gal earn­ings, thought to be as much as NZ$43 mil­lion ($30 mil­lion), will be for­feit, ac­cord­ing to a state­ment re­leased by New Zealand po­lice.

The judg­ment fol­lowed a com­plex three-year in­ves­ti­ga­tion in­toYan­that tar­geted large sums he al­legedly col­lected via a num­ber of frauds and cor­rupt ac­tiv­i­ties per­pe­trated be­tween 1999 and 2001, the New Zealand po­lice said.

The state­ment said the po­lice will end their in­ves­ti­ga­tion and un­freeze Yan’s as­sets once he has re­turned the money, which will be shared be­tween China and New Zealand.

Ac­cord­ing to Stuff, anon­line news por­tal in New Zealand, the two coun­tries will soon open ne­go­ti­a­tions re­lated to a bi­lat­eral ex­tra­di­tion treaty.

How­ever, the Min­istry of Jus­tice said the com­plex pro­ce­dures in­volved mean it is un­likely the treaty will be signed any­time soon.

Yan Yong­ming, for­mer chair­man of Tonghua Jinma Phar­ma­ceu­ti­cal In­dus­try Group

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