Tuesday, January 31, 2017

Chinese billionaire Xiao Jianhua abducted from Hong Kong hotel – reports

Source: http://ift.tt/2kOEkqe
February 01, 2017 at 02:45AM

The disappearance of the financier, who has ties to Xi Jinping’s family, will ring alarm bells in the former British colony

A billionaire with links to the family of Xi Jinping was reportedly taken from his apartment in the Four Seasons in Hong Kong by Chinese police and taken to the mainland.

Xiao Jianhua, one of China’s richest men, is currently in police custody on the mainland, the Financial Times and New York Times reported. He may be assisting with a graft investigation, part of the Chinese president’s sweeping campaign that critics say is more about consolidating power than tackling corruption.

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