Global graft net snares another one
Print Edition
A fugitive graft suspect, Huang Yide, has returned to China to surrender himself to the authorities, China鈥檚 top anti-graft authority announced yesterday.
Huang, former board chairman of two companies in central China鈥檚 Hunan Province, was suspected of embezzling state assets together with a leading official of a state-owned enterprise and fled overseas in February 2019, according to a statement from the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission.
The anti-graft agency of Zhuzhou, Hunan, started an investigation into Huang鈥檚 case in March 2019. All Huang鈥檚 illicit gains have now been frozen.
His return is a major achievement for China鈥檚 strengthened anti-corruption efforts targeting its SOEs and for the country鈥檚 fugitive repatriation work, said an official with the office in charge of fugitive repatriation and asset recovery under China鈥檚 central anti-corruption coordination group, pledging intensified work.
The first 11 months of last year saw the repatriation of 1,229 fugitives as a result of China鈥檚 鈥淪ky Net 2020鈥 operation targeting criminal suspects who had fled overseas.
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