Corrupt Chinese Official Launders Money Through Banks in Hong Kong

Corrupt Chinese Official Launders Money Through Banks in Hong Kong
Huang Boqing Screenshot via Baidu
Frank Fang
Updated:
China’s state-run media recently reported on the ongoing trial of a corrupt official and revealed how he was able to launder bribes he received through banks in Hong Kong— allowing him to escape scrutiny from the authorities and more easily receive bribes from Chinese businessmen.
Huang Boqing, former deputy mayor of Huizhou, a city in southern China’s Guangdong Province, had accepted bribes totaling 200 million yuan (about $31 million) during his 23- year-political career in Guangdong, reported the Chinese regime’s state-run media Xinhua on May 23.
Frank Fang
Frank Fang
journalist
Frank Fang is a Taiwan-based journalist. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
twitter
Related Topics