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Vancouver: The Chinese Canadian Real Estate Connection Fueled with Corruption Money
A man accused of paying bribes in one of China’s biggest-ever military corruption scandals allegedly funnelled at least 114 million Canadian dollars into banks in that country before investing more than CA$32 million in luxury Vancouver real estate. Key Findings Chinese property developer Chen Runkai transferred at least CA$114 million allegedly derived from corruption into Canadian banks. The money allegedly came from a major Chinese military corruption case that landed a lieutenant general with a suspended death sentence. Chen Runkai