Businessman flees, big bosses who are greedy for money are exposed

China has issued an international arrest warrant for businessman Guo Wengui, which has also revealed a series of money-hungry officials involved.

On April 19, the Chinese Foreign Ministry confirmed that the Chinese government had requested Interpol to issue a red notice for businessman Guo Wengui, who is currently hiding abroad.

Quach Van Quy

Guo Wengui, born in 1967 in Shandong, is the de facto controller of Beijing Pangu Investment. Gui was ranked 74th in the list of China's richest people in 2014 with a total asset of 15.5 billion yuan. Gui fled abroad in 2014.

Gui is suspected of fraudulently borrowing 3.2 billion yuan from the Agricultural Bank's Asia Village branch, then using 70 million to buy a villa in Hong Kong and transferring 600 million through underground banking to Hong Kong.

After Quy escaped, he and his accomplices were suspected of many crimes, including misuse of capital, bank loan fraud, foreign currency fraud, money laundering, tax evasion, illegal detention, and invasion of privacy.

Pangu Association Headquarters

On April 19, the Xinjing Pao newspaper reported that the “Pangu Association” headed by Guo Wengui was a gathering place for many high-ranking officials and businessmen, forming “an unimaginable network of interest groups”, including big figures who have been and are being investigated such as Ma Jian (Deputy Minister of the Ministry of National Security), Zhang Yue (Secretary of the Political and Legal Affairs Committee of Hebei Province), and Xiang Junbo (Chairman of the National Insurance Supervisory Commission).

In Beijing's business world, Guo Wengui has the nicknames "God of War" and "Pirate of the Caribbean" because of his special relationships and "winning every battle". Although he was born a farmer, Gui has become a "crocodile" in the business world because he has created for himself a "network of group interests".

Tan Kinh Bao named 4 of Quy's "noble people". In 1992, when he was only 25 years old, Quy became friends with the boss Ha, who was over 60 years old from Hong Kong. With Ha's help, a year later Quy and Ha cooperated to establish Duc Dat Company in Zhengzhou, entering the real estate business, and successively exploited many large projects.

Thanks to that, Quy became the “big boss” in the eyes of many people. After that, the entire company belonged to Quy. Later, when Quy established the “Ban Co Association” to gather officials and businessmen into an interest group, some people commented that he was “a righteous person, but a dictator who easily turns his back; a Buddhist but always tries to harass female employees”.

Ma Jian

In 2006, Quy met Ma Kien. From 2008 to 2014, Kien helped Quy many times and received more than 60 million NDT from Quy. In 2011, Quy bought Kien two houses in Thai Co Thanh, Hong Kong, worth more than 30 million Hong Kong dollars (HKD). Quy also bought Kien antiques, technology products, furniture, clothes, and then spent money to rent a house for Kien's daughter to study abroad in the US, and arranged for Kien's family to travel abroad.

After being arrested, Ma Jian confessed that in 2008, Gui built an office building in Jinquan Square, Beijing. Because Gui increased the area of ​​the building in violation of the design, he was punished by the City Planning Commission and forced to remove the illegal construction, risking hundreds of millions of yuan in losses. Ma Jian used the name of the Ministry of State Security to send an official dispatch to the Commission, helping Gui avoid large financial losses.

Ma Jian also took advantage of the judicial resources of the Ministry of National Security to install eavesdropping devices on competitors to help Quy win bids for projects.

In 2010, Quy reported to the security agency that a former company leader, Khuc Long, was holding a large amount of assets, but did not return them and used them to threaten Quy. Ma Kien immediately sent someone to meet with the Ha Bac Political and Legal Secretary Truong Viet to discuss the matter, then, in the name of the Ministry of National Security, sent a document to the Ha Bac Public Security Department stating that Quy was a member of the National Security sector, requesting the arrest of Khuc Long. Long was later sentenced to 15 years in prison by the Thua Duc Court.

Quy tried to bribe Kien using sophisticated tricks. In 2011, Ma Kien and his sister invested 20 million yuan to buy 10 apartments with a total area of ​​1,000 square meters in the Kim Tuyen residential area. In 2013, Quy bought these apartments back at 40,000 yuan per square meter, so after just over a year, Kien and his sister made a profit of 22 million yuan. From 2010 to 2013, in the name of "giving lucky money to my nephew" during the New Year, Quy bribed Kien 3 million yuan.

Truong Viet

Guo Wengui also became acquainted with Zhang Yue, a member of the Provincial Party Committee and Secretary of the Hebei Political and Legal Affairs Committee, in 2006 when he sought help from Yue in handling a case involving a drunk driver who caused an accident. Because Gui was very generous, he won Yue's affection, and the two often visited and socialized together.

It is reported that when Viet was being investigated for something, Quy said he could help connect relationships to resolve the issue, so Viet trusted him and listened. Quy also found beautiful girls to serve Viet and used this to control Viet, taking advantage of Viet's power in the legal system to eliminate competitors. Currently, Truong Viet is in the process of being prosecuted for bribery.

Rank Tuan Ba

In 2010, amid financial difficulties, Guo Wengui received help from Xiang Junbo, then chairman of the Agricultural Bank of China, and was lent 3.2 billion yuan by the Asia Village branch. Gui illegally transferred 600 million yuan to Hong Kong through underground banks and used 70 million Hong Kong dollars to buy a luxury villa in Hong Kong South.

According to Vietnamnet