Connect with us

Hi, what are you looking for?

World

China executes tycoon who bid for Australian miner

-

A Chinese mining billionaire said to have links with disgraced former security tsar Zhou Yongkang and who once launched a bid for Australia's Sundance Resources was executed for multiple murder on Monday, a court said.

Liu Han, his younger brother Liu Wei and three accomplices were condemned to death in May for "organising and leading a mafia-style group", murder and other crimes.

Their appeals were unsuccessful and all five were put to death on Monday, the Xianning Intermediate court in the central province of Hubei said on its verified account on China's Twitter-like Sina Weibo.

The five met with their "close relatives" before the execution, the court said in a separate posting.

"The executed criminals' legal rights were fully protected," it added.

Liu Han led private company Hanlong, which is based in the southwestern province of Sichuan and launched a takeover bid of more than $1 billion for Sundance, a listed Australian iron ore firm, in 2011.

But the deal collapsed in 2013 after the Chinese firm failed to follow through. Chinese media reports said at the time that Liu Han had been detained.

Sichuan is one of the power bases of Zhou, who once enjoyed vast power as China's security chief but whose targeting in a corruption investigation was announced in July.

The influential business magazine Caixin has reported that Liu Han once had dealings with a businessman believed to be Zhou's son. State media have also hinted that the gang had connections to central government officials.

Zhou was handed over to prosecutors in December.

The official announcement of the long-rumoured probe into Zhou made him the most senior member of the Communist Party to be investigated since the infamous Gang of Four -- a faction that included the widow of founding leader Mao Zedong -- were put on trial in 1980.

A Chinese mining billionaire said to have links with disgraced former security tsar Zhou Yongkang and who once launched a bid for Australia’s Sundance Resources was executed for multiple murder on Monday, a court said.

Liu Han, his younger brother Liu Wei and three accomplices were condemned to death in May for “organising and leading a mafia-style group”, murder and other crimes.

Their appeals were unsuccessful and all five were put to death on Monday, the Xianning Intermediate court in the central province of Hubei said on its verified account on China’s Twitter-like Sina Weibo.

The five met with their “close relatives” before the execution, the court said in a separate posting.

“The executed criminals’ legal rights were fully protected,” it added.

Liu Han led private company Hanlong, which is based in the southwestern province of Sichuan and launched a takeover bid of more than $1 billion for Sundance, a listed Australian iron ore firm, in 2011.

But the deal collapsed in 2013 after the Chinese firm failed to follow through. Chinese media reports said at the time that Liu Han had been detained.

Sichuan is one of the power bases of Zhou, who once enjoyed vast power as China’s security chief but whose targeting in a corruption investigation was announced in July.

The influential business magazine Caixin has reported that Liu Han once had dealings with a businessman believed to be Zhou’s son. State media have also hinted that the gang had connections to central government officials.

Zhou was handed over to prosecutors in December.

The official announcement of the long-rumoured probe into Zhou made him the most senior member of the Communist Party to be investigated since the infamous Gang of Four — a faction that included the widow of founding leader Mao Zedong — were put on trial in 1980.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Tech & Science

Andes hantavirus: The mortality rate is significantly higher than COVID-19. In parts of southern Chile, mortality among hospitalized patients can approach 60%.

Life

Author and entrepreneur Sam Goodwin chatted about his book "Saving Sam: The True Story of an American's Disappearance in Syria and His Family's Extraordinary...

Business

Saudi oil giant Aramco said Sunday its net profit rose by 25.5 percent in the first quarter compared to the same period last year.

Tech & Science

Microsoft CEO Satya Nadella is expected to take the stand Monday in Elon Musk's lawsuit against OpenAI.