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发帖数: 4185 | 1 HNA sues fugitive tycoon Guo Wengui over corruption allegations
Chinese company that owns Irish aircraft leasing firm Avolon files
defamation lawsuit
Chinese conglomerate HNA, the company which owns Dublin-based aircraft
leasing firm Avolon, has filed a defamation lawsuit in New York against
fugitive property tycoon Guo Wengui after a series of allegations of
corruption against the company and of inappropriate links to Communist Party
leaders and their families.
Guo, who left China in 2013 and is now mostly based in the US, has engaged
in a series of verbal attacks on the Chinese political system from his 0-
million apartment in Manhattan.
Also known as Miles Kwok, Guo has accused senior cadres, including anti-
corruption czar Wang Qishan, and their relatives of having undisclosed
shareholdings in HNA, and of facilitating irregular overseas M&A activity.
He further accused HNA’s Hainan Airlines unit of allowing government
officials to use a VIP aircraft “for purely personal reasons.”
HNA has rejected Guo’s accusations as “baseless and meritless”, but they
have had an effect - in April, HNA’s shares on the Hong Kong stock exchange
fell nearly 17 per cent soon after he began his volley of online
accusations.
HNA last year bought Avolon for .25 billion, in a deal ultimately worth
nearly billion.
In a statement on its website, the financial services-to-aviation company
said Guo’s claims “have harmed HNA Group’s reputation” and that it would
“vigorously pursue” its claims against him.
HNA and its high-profile chairman Wang Jian have been on a 6 billion
buying spree in recent months and the high degrees of leverage involved will
have been noted by the central government, especially at a time when
Beijing is dealing with pressure over rising debt levels and has been trying
to slow the pace of capital flight overseas.
In his tweets, Guo depicts himself as being an anti-corruption champion. In
one tweet on Friday, he shows himself as Lei Fang, a propaganda icon who
sacrificed his life for the Communist Party.
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“I’m against having the country being run by a consortium of police and
mafia,” he written in Chinese-language messages to his 250,000 followers –
a hefty number for a service banned in China.
His tweets and self-made YouTube videos are banned in China, but they have
been filtering through and are causing irritation among the Communist Party
elite as it gears up for a major five-yearly congress in the autumn to
reshuffle the ruling elite under President Xi Jinping.
Beijing has been piling on the pressure. Three executives at his company
Beijing Pangu Investment were convicted by the Dalian Xigang People’s Court
on Friday of using fraudulent means such as producing fake contracts and
company stamps to obtain huge amount of loans. One was jailed and two others
received suspended sentences, ostensibly because they had acted on Guo’s
orders.
Through state media, the government has launched a major campaign to
discredit Guo and have issued writs in China against many of his companies.
Guo has boasted of his close links to the former state intelligence chief Ma
Jian, who also faces corruption charges and in April confessed to being
bribed by Guo. Media reports say nearly million in bribes changed hands.
In an interview with the Voice of America in April, Guo claimed to have
evidence of corruption at high levels of the Communist Party, causing a
major stir in China.
Interpol has issued a “red notice” international alert at the request of
the Chinese authorities, while a group of nine Chinese companies launched a
5 million lawsuit in the US against him to obtain compensation for assets
they have not succeeded in recovering after winning court cases in Beijing.
One of Guo’s most famous developments was the Pangu Hotel near the Olympics
site, a self-designated seven-star hostelry with a bizarre roof like the
Olympic torch with a suite that cost nearly 0,000 a night to rent. The
hotel has since been renamed. | z****g
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