World

Less sin, more Shrek in Macau as China takes aim in corruption fight

By Farah Master
A croupier sits in front of a gaming table inside a casino in Macau in this May 15, 2011 file photo. REUTERS/Bobby Yip/Files

MACAU (Reuters) - The media scrum surrounding the politically connected chairman of a Chinese financial services company was interested in one particular unpaid loan.

The amount - $1.3 million (816,224 pounds) - was nothing extraordinary. But the story behind it was. Xie Xiaoqing, chairman of Rongzhong Group, was sued in January for failing to repay the money to Sands China Ltd, U.S. billionaire Sheldon Adelson's Macau gambling unit.

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