China Zhongwang Holdings founder Liu Zhongtian at an interview at Shui On Centre in Hong Kong in April 2009. Photo: Sam Tsang

Chinese aluminium tycoon Liu Zhongtian indicted in US over tariff evasion of US$1.8 billion

  • China Zhongwang Holdings founder accused of engaging in a scheme that smuggled vast quantities of the metal into the US using firms he secretly controlled
  • Fraud allegedly used fake US sales to boost the company ahead of its 2009 Hong Kong IPO
Topic |   Trade

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China Zhongwang Holdings founder Liu Zhongtian at an interview at Shui On Centre in Hong Kong in April 2009. Photo: Sam Tsang
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