CHINA TOPIX

11/22/2024 09:17:05 am

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China Hunts Economic Fugitives: Releases ‘Most Wanted’ list

President Xi Jinping

US President Barack Obama (L) and Chinese President Xi Jinping have a drink after a toast at a lunch banquet in the Great Hall of the People in Beijing November 12, 2014. REUTERS/Greg Baker/Pool

In a move to intensify President Xi Jinping's global hunt of accused economic fugitives, government authorities released the country's 'most wanted' list on Wednesday. Many of which were local government officials and finance executives.

China's Central Commission for Discipline Inspection released the list of its 100 most wanted felons containing photos, identification numbers and other personal details of local government officials, bankers, and media men. Some of the crimes committed include corruption, bribery, embezzlement, abuse of power, money laundering, various types of fraud, misallocation of funds, and concealment of crime evidence and offshore deposits.

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This is China's latest move to bring back corrupt officials who have fled the country and recover their illegally acquired assets. It enlisted the help of the United States, the safest haven for Chinese outlaws, even though the two have no extradition agreement. Canada came in second as a popular refuge with New Zealand next in line, according to data released by China's Ministry of Public Security and the Central Commission for Discipline Inspection.

In a document released regarding the meeting between Guo Shengkun, China's State Councilor, and Jeh Johnson, US Secretary of Homeland Security, the two talked about cooperation on repatriation and fugitive issues.

"Both sides affirmed their commitment to work closely, along with other relevant law enforcement agencies, to improve information on repatriation and fugitive cases and provide regular status updated on cases of interest for which sufficient evidence is provided," the document stated.  

CNN reported that sixty-six individuals on the list are believed to be in the U.S. and Canada, while the others are spread across Asia, Africa, and Australia.

Dubbed the "Sky Net Campaign," releasing the 100 most wanted list is a follow-up to last year's "Operation Fox Hunt" that began in July. This anti-corruption crackdown has already captured more than 400 economic criminals in December. 

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