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China’s Crooks Love Canada February 8, 2007

Posted by David in North-East Asia.
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China’s most wanted fugitive, Lai Chang-xing, has been hiding out in Canada since 1999. Two employees of the Bank of China travelled to Vancouver after allegedly stealing $570 million from a southern Chinese branch in 2001, and as of 2005 Gao Shan has joined them.

According to a CTV (January 29, 2007) story, China has requested Canada extradite a fugitive bank manager who is accused of embezzling $150 million from customers. That particular bank manager is Gao Shan.

Canada does not have an extradition treaty with China (that whole capital punishment thing), and so, the bad guys escape China to live amongst the Canucks At least until the heat has considerably died down.

Needless to say Chinese officials are infuriated, and rightly so.

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