China Economic Review
Charting China’s changing economic terrain · Since 1990

Authorities nab 88 financial criminals abroad

September 22, 2014

The Ministry of Public Security says it has seized 88 fugitives overseas for financial crimes, South China Morning Post reported. The lack of extradition treaties and law enforcement agreements with foreign countries are major challenges facing mainland detectives as the hunt for corruption abroad gathers pace, police and legal experts said. The mainland authorities launched a campaign dubbed Fox Hunt 2014 in July to track down suspects facing charges for corruption or other economic offenses that had fled abroad. Eleven of the fugitives had been on the run for more than 10 years, including a former resident of Chongqing accused of embezzling 60 million yuan 14 years ago.

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