Date
24 August 2017
Former PLA general Xu Caihou is believed to have tried to launder in Hong Kong some of his ill-gotten wealth. Photo: Xinhua
Former PLA general Xu Caihou is believed to have tried to launder in Hong Kong some of his ill-gotten wealth. Photo: Xinhua

Is Beijing admitting Xu Caihou’s HK money-laundering bid?

A 22-year-old girl who fled Hong Kong this year after being accused of laundering HK$10 billion in the city may have been acting as an agent for Xu Caihou, the disgraced former deputy chairman of China’s Central Military Commission, according to a pro-Beijing paper.

Tai Kung Pao reported Tuesday that the girl, named Zhao Danna, may have tried to launder money on behalf of Xu, who was expelled recently from the Communist Party for corruption. 

Rumors surrounding the links between Zhao and Xu were first reported by Apple Daily in March, but pro-Beijing papers in Hong Kong like the Tai Kung Pao have avoided mentioning the matter until now.

Zhao may have fled to the mainland with the help of Xu’s henchmen in the military system, Apple Daily had reported more than three months ago, citing a source with knowledge of the matter.

Xu hid a large amount of dirty money overseas, the source said.

Tai Kung Pao’s report came after China officially announced on Monday that Xu was expelled from the Communist Party for taking bribes and misusing his position to offer benefits for others in exchange for money and gifts.

Rumors about the Xu case have been circulating for months in foreign media, including outlets such as Reuters and the New York Times.

The Communist Party mouthpiece People’s Daily on Thursday published the third editorial in a row about Xu on its front page.

“[The Chinese government] will definitely not allow people like Xu Caihou to tarnish the image of the army. The borers must be dug out and corruption must be eliminated,” the editorial said.

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MY/JP/RC

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