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Energy & Environment Law & Regulation

Sichuan mining tycoon to be tried for Mafia crimes

Mining tycoon Liu Han, who went missing a year ago, will go on trial in central China along with 35 other people on Mafia charges after his brother was accused of gunning down three people in their home town, Financial Times reported, citing state media on Thursday. The chairman of Sichuan-based Hanlong Group had an estimated fortune of US$650 million and was in the process of a US$1.4 billion bid for Australian-listed Sundance Resources (SDL:ASE) when state media reported last March that he and his wife had been detained.

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