Zeng Qinghong’s Niece Involved in Zhou Yongkang Case
The day after the Chinese regime announced an investigation
of Zhou Yongkang has begun, mainland media reported that
his son Zhou Bin had close business relations
with Zeng Qinghong’s niece, Zeng Baobao,
who was reportedly interrogated by the authorities.
Commentators say Zeng Baobao’s involvement in Zhou’s case
signals former Chinese vice president Zeng Qinghong
will be the next Tiger.
When the investigation of Zhou Yongkang was announced
on July 29, Chinese regime mouthpieces immediately
published a commentary entitled “The anti-corruption drive
doesn’t stop at taking down big tiger Zhou Yongkang."
On July 30, mainland media revealed Zhou Bin and Wu Bin,
known as the Zhou’s middle man, are business partners in oil
and in entertainment.
Together, they founded a film and television company and
partnered with Chinese actress Mei Ting.
Zeng Qinghong’s daughter Zeng Baobao is also reported
to have tight-knight business relations with the Zhou family.
When Fantasia Holdings Group was officially listed
in Hong Kong in 2009, its founder Zeng Baobao owned assets
worth $913.5 million.
Fantasia Holdings, Wu Bin’s company and Zhou Bin’s
mother-in-law Zhan Minli, own a 57 percent share of
a water resources development company in Sichuan.
The three of them also founded a power company in Sichuan.
Late last year, Zhou Bin, Zhan Minli, and Wu Bing,
were put under investigation.
Hong Kong-based Apple Daily reports authorities have taken
away Zeng Baobao to assist with an unspecified investigation.
Former Shandong University professor Sun Wenguang says
that the wealth of all the top party officials’ acquaintances
and relatives should be investigated for any ill-gotten gains.
Sun Wenguang, former Shandong University professor:
“All these things ought to be investigated.
Things such as exactly how they attained all this wealth,
and whether it was gained through kinship.
There ought to be some rules.
How did they gain these 7 billion (yuan)? Is it really from
business profits or is it through official’s relationship?"
The involvement of Zeng Qinghong’s son Zeng Wei
in corruption scandals has also been exposed many years ago.
Zeng Wei’s identity was exposed in 2010 when he spent
over 32 million Australian dollars (about 250 million yuan
at the time) on a mansion, and AU$5 million on renovation.
Zeng Qinghong had long controlled the oil, energy,
and chemical industries, while Zeng Wei was also involved
in the oil trade and became a famous oil tycoon
while making huge developments in real estate.
Zeng Wei’s cheap purchase of state-owned
Shandong Luneng Electricity Group directly caused
the loss of 70 billion yuan worth of state assets,
and the majority of the profits were laundered overseas.
Zeng Wei also became the real boss behind Shanghai’s
Volkswagen Group, Shanghai’s Eastern Airlines
and Beijing’s Hyundai Motor Group.
In June, media in mainland China reported a rich businessman
with the name Zeng Wei was extradited from the United States
by the government of Hong Kong,
on allegations of money laundering and bribery.
However, mainland media have not confirmed whether he is
the same person as the son of Zeng Qinghong.
Zhao Yuanming, Chinese senior legal expert: “If it is the same
Zeng Wei, he has surely obtained lots of dirty money
via his relationship with his father.
This is the people’s money, so he should be held accountable
for his illegal activities.
No matter where he is, he needs to be brought to justice."
Last December, Zhou Yongkang was said to have exposed
Zeng Qinghong after news of his arrest last year.
This June, overseas media said Zeng Qinghong
is under house arrest.
Reports say that Zeng may be the next tiger to be probed
after Zhou Yongkang.
Chen Minghui, commentator: “As this process goes on,
the levels of tigers being probed will be increasingly higher
and the speed will be much faster,
more than what we can imagine.
Because previously it took very long, I believe now the major
battle has begun. I believe the devilry led by Jiang Zemin
is coming to an end."
Both Zhou and Zeng were Jiang Zemin’s core staff.
Zhao Yuanming says the fall of Zhou Yongkang signals that
the core figures of Jiang’s faction such as Zeng Qinghong,
and Jiang himself, will all face the fate of being purged.
Interview & Edit/Li xun Post-Production/Li Zhiyuan