Monday, April 4, 2016

XI Jinping's Family in Panama Papers

Emily Rauhala wrote a piece in the Washington Post today that is reflective of some others I saw this afternoon (see also the Straits Times, Panama Papers:  Family of China's President Xi implicated) .  The Rauhala says this:  "It also names the family members of eight current or former members of China’s politburo, according to the Guardian’s tally.

One of the people mentioned in the report is Deng Jiagui, the brother-in-law of China’s current president, Xi Jinping. Another is Li Xiaolin, the tycoon daughter of China’s former premier, Li Peng.  It lists Hong Kong as a source of key “active intermediaries” in the secretive work."  

Now, of course, we have the champion of rooting out corruption with his family members having overseas shell companies hiding their wealth.  This is nothing new since the first big investigation of China by the group doing this report showed 22,000 offshore clients from the mainland and Hong Kong, but is sure to sound hypocritical by other Party officials who are criticized for doing the same thing.  https://panamapapers.icij.org/the_power_players/

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