BEIJING, Nov. 14 — A fugitive suspected of embezzling over 28 million yuan (about 4.03 million U.S. dollars) was repatriated from the United States to China Wednesday.
Zheng Quanguan, born in 1957, was the former general manager of a real estate company in central China’s Hunan Province. He allegedly took advantage of his leadership position to embezzle the company’s property and fled to the United States in 2015, according to the office in charge of fugitive repatriation and asset recovery under the central anti-corruption coordination group.
Chinese police later launched an investigation of Zheng and asked Interpol to issue a Red Notice on him.
The repatriation of Zheng is a successful example of collaborative fugitive repatriation between China and the United States, according to the office, which added that the two sides have seen positive results of their coordination this year.
In July, Xu Chaofan, the chief suspect in a 485-million-dollar embezzlement case, the largest theft case of bank funds since the founding of the People’s Republic of China in 1949, was repatriated back to China after 17 years in the United States.
An official with the office said they will further strengthen coordination with the United States and other countries to hunt Chinese fugitives living overseas. – XINHUA