Overseas hunt for fugitives is gathering pace
CHINA has secured the return of three of its most-wanted fugitives listed on an Interpol Red Notice within a month, amid reinforced efforts to hunt down corrupt fugitives overseas.
Xu Chaofan, the principle in a US$485 million embezzlement case, the largest theft case of bank funds since the founding of the People’s Republic of China in 1949, was repatriated from the US Wednesday after 17 years in the US.
He followed the return of Wang Qi, who fled to Singapore in 2013 and surrendered to police on June 18, and Lai Mingmin, who fled to Australia in 2001 and surrendered and returned to China on June 22. Lai was involved in the same case as Xu.
The Interpol Red Notice of 100 Chinese corruption fugitives was released in April 2015.
China has also launched “Sky Net” operations for four consecutive years, focusing mainly on corruption fugitives and illegal assets recovery overseas, amid the renewed anti-corruption drive.
Chinese authorities have adopted multiple measures to tighten the net on its most wanted, ranging from releasing detailed information on fugitives, including their possible current whereabouts, to an update on the handling of cases of fugitives who have either voluntarily returned or been extradited to China.
The Sky Net operation had captured 4,141 fugitives from more than 90 countries and regions and recovered nearly 10 billion yuan (US$1.5 billion) as of the end of April. So far, a total of 53 fugitives on the Red Notice have been captured.
Xu, the former chief of Bank of China Kaiping branch in south China’s Guangdong Province, is the first suspect of a dutyrelated crime to be repatriated from abroad since the founding of the National Supervisory Commission in March.
The return of Xu and several other fugitives is also an important outcome of law enforcement cooperation on corruption cases between China and the US.
The US is one of the destinations of choice for fleeing Chinese corruption suspects.
So far, four of the five major fugitive hunt and asset recovery cases, identified at the 12th meeting of the China-US Joint Liaison Group on Law Enforcement Cooperation in December 2014, have been solved.
Apart from Xu, Yang Xiuzhu, Huang Yurong, and Wang Guoqiang returned to China from the US and turned themselves in to police in November 2016, December 2015, and December 2014, respectively.
Qiao Jianjun and his ex-wife Zhao Shilan, who are involved in the remaining unsolved case, are facing criminal proceedings in the US.
“There is no safe haven abroad for offenders. Fugitives will eventually be brought to trial as China maintains a tough stance on fugitive search and illegal asset recovery overseas,” said a statement released by the office in charge of fugitive repatriation and asset recovery under the central anti-corruption coordination group.
“This was not the way out. No matter where you go, you will eventually come back,” Xu told reporters.
On the front of the war on financial crime, procuratorates across China in the past 18 months charged 49,553 people suspected of having committed financial crime, according to the Supreme People’s Procuratorate.