Former deputy Shenzhen Communist Party boss Li Huanan offered up to half of his haul – or more than US$70 million – to any underground banker willing to move his cash across the border to Hong Kong. Photo: Reuters
Former deputy Shenzhen Communist Party boss Li Huanan offered up to half of his haul – or more than US$70 million – to any underground banker willing to move his cash across the border to Hong Kong. Photo: Reuters
Corruption in China
China /  Politics

The US$144 million in dirty cash that no money launderer in China would touch

  • Shenzhen official Li Huanan offered up to half of his haul to any underground banker willing to move his illicit fortune abroad – but found no takers

Choi Chi-yuk
Choi Chi-yuk

Updated: 11:38pm, 24 Nov, 2018

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Former deputy Shenzhen Communist Party boss Li Huanan offered up to half of his haul – or more than US$70 million – to any underground banker willing to move his cash across the border to Hong Kong. Photo: Reuters
Former deputy Shenzhen Communist Party boss Li Huanan offered up to half of his haul – or more than US$70 million – to any underground banker willing to move his cash across the border to Hong Kong. Photo: Reuters
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