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AseanPlus News

Chinese-Canadian tycoon jailed for financial crimes

Shanghai: A court here said it has sentenced Chinese-Canadian tycoon Xiao Jianhua (pic) to 13 years in prison for financial crimes.

Xiao, one of China’s richest people when he was allegedly abducted from a Hong Kong hotel in 2017, reportedly had close connections to the upper echelons of the ruling Communist Party.

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