Chinese police chief jailed for buying Australian real estate with corrupt money

Beijing: A senior Chinese policeman has been jailed for 17 years for embezzling money to buy two Australian homes for his two daughters.
The Australian real estate purchases were among a huge property portfolio, with no obvious legitimate source of funding, Chinese prosecutors said.
One of the homes is a four bedroom, two bathroom house in Revesby Heights in NSW, Australian property records show.
Wang Jun Ren, 59, was the police chief of Guta District of Jinzhou City in Liaoning province, when he began asking a local property developer for millions of Chinese yuan to pay for the Australian real estate purchases for his family.
In return, he outsourced up to 20 construction projects to the property developer, including the construction of police stations, Chinese court documents show.
In 2008, documents showed Wang took 2.36 million Chinese yuan (440,000) from a Beizhen city property developer to buy a property for his oldest daughter, Wang Ju, and her husband in Australia.
In August and December 2011, Wang reimbursed 101,911 Chinese yuan in airfares for his wife and daughters’ return travel to Australia from a police bureau bank account, the court was told.
The Revesby house was bought for $840,000 in September 2011.
In September 2013, Wang used public funds to convert currency into $20,000 to visit his family in Australia.
The same year he took another 4million Chinese yuan from the same property developer to buy an Australian property for his second daughter, Wang Ting. The money was transferred directly to her bank account in small amounts by the property developer’s employees, the court was told.
Wang was arrested in August 2015, confessed and returned some of the money last year.
But a 17-year-jail sentence and 1million Chinese yuan fine was handed down after Chinese prosecutors appealed what they said was an earlier, lenient sentence. His wife has been on bail since December.
Wang was convicted of corruptly taking 174million yuan by himself, and another 24,800 yuan with his wife, taking bribes of 680million yuan, and having a huge amount of property of unknown source. That trial was held in December.
The jail sentence comprised of four years for corruption, 12 years for bribe taking, and four years for the unknown funding source of a huge number of properties.
The court was told that Wang returned the favour to the property developer by outsourcing the construction projects to his company, including the construction of police stations.
The property developer’s son was employed as Wang’s driver at a police station.

Soutce: http://www.smh.com.au/world/chinese-police-chief-wang-jun-ren-jailed-for-buying-australian-real-estate-with-corrupt-money-20170317-gv0nz6.html

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2 Comments Add yours

  1. Diane Wilson says:

    Ha Ha as if he’s the only one. I’ll bet 100% of the money used by chinese is corrupt money

    Like

  2. Norman Guy says:

    Don’t tell our Prime Minister, he loves kissing Chinese arses!

    Like

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