Mega man NZ Citizen Yan strikes deal with police over $40m of assets China's 5th most wanted man

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hotdoge3
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Mega man NZ Citizen Yan strikes deal with police over $40m of assets China's 5th most wanted man

Post by hotdoge3 » Wed Aug 24, 2016 3:15 am

htxxtp://www.nzherald.co.nz/nz/news/article.cfm? ... d=11639504
Kim Dotcom, China's 5th most wanted man and the wealthy Nat donors
Kim Dotcom, William Yan and Prime Minister John are linked together by Zhao Wu Shen, a wealthy National Party donor
Mr Yan - also known as Bill Liu, Yang Liu and Yong Ming Yan - but Prime Minister John Key recently revealed the New Zealand citizen was ranked number five on China's Top 100 extradition list.

A wealthy National Party donor described one of China's most wanted fugitives as his "best friend" and deals where millions of dollars' worth of shares in Kim Dotcom's Mega changed hands are being investigated by police, court documents reveal.

htxxtp://www.nzherald.co.nz/nz/news/article.cfm? ... d=11696431

Citizen Yan strikes deal with police over $40m of assets.

William Yan has reached a settlement with the police over the $40m of assets seized following a money-laundering inquiry.

One of New Zealand's most controversial citizens has cut a record-breaking deal over the $40 million assets seized as part of a money-laundering inquiry.

The deal struck with William Yan - also known as Bill Liu, Yang Liu and Yong Ming Yan - is the final settlement in a civil case two years after the police raided his penthouse.

More than $40m of dollars of assets were frozen as New Zealand detectives worked closely with Chinese authorities who claim Yan stole $129 million in a complex fraud.

Court documents allege Yan concealed the fortune in New Zealand through complex money laundering transactions, where property and shares in companies were held by trusts and companies in other people's names.

Those assets included a collection of luxury cars, the Metropolis apartment - five titles joined together on the 35th floor - an 18.8 per cent stake in Mega, millions in bank accounts, a troubled North Shore property development and a Waikato farm.

Most of the settlement will stay secret until the police issue a press release with some of the key details today, said a spokesman for Police National Headquarters.

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