Fugitive tycoon Guo Wengui assailed by businessman who says he was framed for crimes
Qu Long’s conviction for embezzling US$130 million from a company owned by Guo was quashed – now he plans to sue the exiled billionaire
China’s highest profile fugitive, exiled billionaire Guo Wengui, is under attack from a former business partner who claims Guo got him framed for crimes he says he did not commit.
After having a conviction for embezzling 855 million yuan (US$130.27 million) from a company owned by Guo quashed, Qu Long said he was out for revenge.
“When he returns I will sue him in China,” Qu said of Guo, two days after being released from jail where he served six years of a 15-year sentence. “If he can’t return, I will sue him in the United States. As long as he is on the face of this Earth, I will find a lawyer and make him pay.”
In its ruling last Tuesday, the Hebei High People’s Court said there was not enough evidence to support the embezzlement conviction.
Qu’s interview with Reuters was arranged by the Chinese authorities, who also provided briefings by three members of a special police task force investigating Guo, who is living in New York. Chinese officials said they wanted to get Qu’s narrative out through the Western media to counteract a barrage of internet postings by Guo.