China's Ministry of Public Security has asked Canada to
extradite a former Bank of China official who allegedly siphoned 1
billion yuan (US$128 million) from customers' accounts to Canada,
the Beijing Daily reported Friday.
The report said Gao Shan, former head of a branch of the Bank of
China in Harbin, capital of northeast China's Heilongjiang Province, fled after sending the
huge sum to Canada in 2005.
Gao Shan and another suspect, Li Dongzhe, are currently under
the surveillance of Canadian police, the report said.
The report quoted unidentified Canadian sources as saying that
the extradition of the two suspects would not be difficult.
Calls to the Canadian Embassy in Beijing were not immediately
According to the report, the accountants of Northeast Expressway
Co. Ltd. reported on Jan. 4, 2005, that more than 293 million yuan
had disappeared from the company's account at the Bank of
Other customers also reported the disappearance of huge funds from
their BOC accounts. The total sum exceeded 1 billion yuan.
On Jan. 13, 2005, Zhang Xiaoguang, former chairman of the board
of Northeast Expressway Co. Ltd. was charged with embezzlement of
public funds and is awaiting trial in China.
China has been active in seeking international cooperation in
its fight against corruption. Chinese prosecutors have brought
about 70 criminal suspects back to China from foreign countries
The successful extradition from the United States of a Guangdong
Province branch head of the Bank of China in 2004 was lauded as a
powerful deterrent to corruption. Yu Zhendong, the banker, was
convicted of misappropriating US$483 million before fleeing to the
Sources from the Ministry of Public Security said 800 suspects
at large abroad were wanted for economic crimes. They are accused
of embezzling a total sum of almost 70 billion yuan (US$8.75
(Xinhua News Agency January 27, 2007)