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Amid Probe, Chinese Moguls Vanish
The Wall Street Journal via Yahoo ^ | 26 Sept 2013 | James T. Areddy

Posted on 09/26/2013 4:31:05 PM PDT by edpc

CHENGDU, China—When the government of this southwestern city needed a landmark for a new district, billionaire developer Deng Hong picked up the land cheap five years ago and erected a building almost three times the size of the Pentagon. Nearby, Wu Bing paved a motorway, while Liu Han put up schools. He Yan wired a jail with information technology and Wang Junlin's winery funded government charities.

Now, over the past several months, all of those tycoons have disappeared from view. Their absences come amid an alleged corruption scandal that may broadside the economic vitality of this gateway to China's rugged west and indicate a fresh front in Chinese political infighting.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Crime/Corruption; Foreign Affairs
KEYWORDS: china; corruption
Looks like they forgot to bribe a couple of officials. Made me think of an Apocalypse Now quote, paraphrased for the amount of people.

Enemy activity in his old sector dropped off to nothing. Guess he must have hit the right [five] people.

1 posted on 09/26/2013 4:31:05 PM PDT by edpc
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To: All
Chinese Moguls Vanish

Which will make for a dull ski season in China, I suppose....

2 posted on 09/26/2013 4:33:56 PM PDT by edpc (Wilby 2016)
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To: edpc

How can you ski on them when they are varnished?


3 posted on 09/26/2013 4:36:32 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: edpc
Looks like they forgot to bribe a couple of officials.

On the contrary, they bribed plenty of officials. Unfortunately for them, the ones they bribed were in the losing political faction.

4 posted on 09/26/2013 4:37:15 PM PDT by PGR88
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To: tet68
Amish

are probing

Asian MOOGLES??


5 posted on 09/26/2013 4:51:10 PM PDT by Fightin Whitey
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