Anti-Bribery & Corruption Developments in China
MLex Market Insight
MLex Market Insight
4.9 • 9 Ratings
🗓️ 2 May 2017
⏱️ 11 minutes
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| 0:00.0 | Hello and welcome to another podcast with me, David Plott, Emlex's managing editor for Asia. |
| 0:07.0 | I'm based here in Hong Kong and not far from here, there have been some pretty interesting developments recently that got the attention of our corruption reporters. |
| 0:15.0 | Specifically, those events have been taking place in mainland China. Just this week, the Chinese government requested |
| 0:22.4 | and got a notice issued by Interpol for the arrest of a Chinese tycoon who's been out of the |
| 0:28.4 | country for two years. Here to take us through the details of that case, others like it, and what it all |
| 0:34.1 | means is Emlex corruption specialist, Tohanshu. Welcome to this M-Lex podcast, |
| 0:40.3 | Han-Shu. Thank you for having me, David. What happened in this case? And why do the Chinese |
| 0:46.1 | want this man arrested? Yes, I think last Wednesday, the Chinese foreign ministry confirmed |
| 0:53.6 | that the interpoles at the request of the Chinese foreign ministry confirmed that the Interpol at the request |
| 0:55.8 | of the Chinese government has put out a red notice for this fugitive Chinese tycoon who's |
| 1:01.2 | now based in the States. His name is Guo Wen Gui in Mandarin. He is also popularly called as |
| 1:07.1 | Miles Kuop. I believe the Chinese government won him for two main reasons. One is that |
| 1:13.4 | Chinese financial media, such as Chaisin, has reported that he has allegedly colluded |
| 1:19.2 | with two very senior Chinese officials in order to improperly obtain business advantages. Specifically, |
| 1:26.7 | he is reported and alleged to have colluded with |
| 1:29.5 | Ma Qian, a former senior Chinese intelligence officer, and also with Zhang Yue, a former |
| 1:36.4 | senior police chief of Hebei province. Ma Qian is currently under investigation for corruption, |
| 1:43.1 | and yesterday the trial of Zhang Ye opened in a Chinese court where he has confessed to |
| 1:49.2 | the corruption charges against him. |
| 1:51.5 | Now this case involves just one tycoon, but it's obviously part of a much broader anti-corruption campaign that the Chinese government |
| 2:02.5 | has been engaged in for a number of years now. Tell us about this anti-corruption campaign |
| 2:09.4 | and how and why it started and what's different about it now. Yes, I would also like to add |
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