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Australian Intelligence Chair Names Chinese-Australian Billionaire Dr. Chau Chak Wing in Alleged UN Bribery Case

Australian Intelligence Chair Names Chinese-Australian Billionaire Dr. Chau Chak Wing in Alleged UN Bribery Case

The chair of Australia’s intelligence and security committee in Canberra, Andrew Hastie has named one of Australia’s biggest political donors, Chinese-Australian billionaire Dr. Chau Chak Wing in a United Nations bribery case.  The Chinese-Australian billionaire is alleged to pay $200,000 (€170,000) in 2013 to a then UN General Assembly President John Ashe, to attend a conference in China.

” Australian Intelligence Chair Names Chinese-Australian Billionaire Dr. Chau Chak Wing in Alleged UN Bribery Case “

Chinese-Australian billionaire Dr. Chau is the founder and Chairman of Kingold Group, founded in early 1990s and headquartered in China.  The group  has diversified businesses in real estate, finance, health, education, hospitality and media.  In 2015, he bought one of Australia’s most recognisable Sydney mansion for $70 million from James Packer, one of Australia’s wealthiest man, a media and casino mogul, major shareholder at Crown Resorts and ex-fiancee of international artist Mariah Carey.

Dr. Chau has already sued two Australian media houses for making accusations, but will not be able to sue Andrew Hastie as he had made named Dr. Chau under parliamentary privilege.

Source: ABC News, The Guardian, Business Insider

 

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