China's exiled tycoon Guo 'fabricated' corruption claims - Xinhua


  • World
  • Thursday, 27 Jul 2017

Billionaire businessman Guo Wengui speaks during an interview in New York City, U.S., April 30, 2017. REUTERS/Brendan McDermid

BEIJING (Reuters) - China's Xinhua news agency accused fugitive tycoon Guo Wengui of using "fabricated and distorted information to mislead the public", the latest salvo in a campaign to discredit the billionaire who has made accusations of Communist Party corruption.

Central to Guo's claims over recent months has been that a man named Yao Qing used his status as a nephew of a senior Communist Party official to amass a business empire worth tens of billions of dollars.

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