Kuwait Times

Fugitive businessma­n returns to China

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A former drug company chairman who was on a list of China’s 100 most-wanted fugitives abroad has returned after 15 years on the lam in New Zealand and Australia, the government announced yesterday.

Yan Yongmin surrendere­d to police and was returned to China in cooperatio­n with New Zealand authoritie­s, the Central Commission for Discipline Inspection said. There was word on what charges he might face.Yan, former chairman of Tonghua Golden Horse Pharmaceut­ical Group in the northeaste­rn city of Tonghua, fled to Australia in 2001 after being accused of fraud and embezzleme­nt, according to earlier news reports. He later became a New Zealand citizen under the name William Yan. Yan was on a Chinese government list of the top 100 fugitives sought abroad in a marathon dragnet known as “Sky Net.” As of July, 33 people on that list had been returned to China, according to the government newspaper China Daily.

China has few extraditio­n treaties with other government­s. Beijing is expanding cooperatio­n with foreign law enforcemen­t but that has been hampered in some cases by concern charges might be politicall­y motivated and that China has executed convicts for non-violent offenses such as tax evasion. In Yan’s case, Chinese media said having him returned from New Zealand without his cooperatio­n would be almost impossible. Eleven of the suspects on the “Sky Net” list are believed to be living in New Zealand, the No. 3 destinatio­n for Chinese fugitives after the United States and Canada, according to the business news magazine Caixin.

A New Zealand court in August approved the seizure of assets from Yan valued at 43 million New Zealand dollars ($31 million), according to Chinese news reports. They said that was the biggest seizure in New Zealand to date of assets related to crimes alleged to have occurred in China. Earlier, Australian authoritie­s also seized some $2.8 million from Yan, according to Caixin. —AFP

 ??  ?? TOKYO: Indian Prime Minister Narendra Modi (right) and Japanese Prime Minister Shinzo Abe pose in front of Shinkansen bullet train before heading for Hyogo prefecture at Tokyo station in Tokyo yesterday. Modi is on a three-day visit to Japan. —AP
TOKYO: Indian Prime Minister Narendra Modi (right) and Japanese Prime Minister Shinzo Abe pose in front of Shinkansen bullet train before heading for Hyogo prefecture at Tokyo station in Tokyo yesterday. Modi is on a three-day visit to Japan. —AP
 ??  ?? BEIJING: In this photo released by China’s Xinhua News Agency, Yan Yongmin (center) arrives at Capital Internatio­nal Airport in Beijing yesterday. Yan, a former drug company chairman who was on a list of China’s 100 most-wanted fugitives abroad has...
BEIJING: In this photo released by China’s Xinhua News Agency, Yan Yongmin (center) arrives at Capital Internatio­nal Airport in Beijing yesterday. Yan, a former drug company chairman who was on a list of China’s 100 most-wanted fugitives abroad has...

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