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$70m forfeit: Wealthy businessman strikes record-breaking deal with police
Wed, 16 Jun 2021, 10:58AM
Chinese-Canadian businessman Xiao Hua Gong has cut a record breaking deal with the New Zealand Police under the asset seizure laws. (Photo / Supplied)
$70m forfeit: Wealthy businessman strikes record-breaking deal with police
Wed, 16 Jun 2021, 10:58AM
Wealthy Canadian businessman Edward Gong has agreed to pay millions of dollars to the New Zealand government in the largest ever settlement made under the Criminal Proceeds (Recovery) Act since the law came into effect in 2009.
A wealthy Chinese-Canadian businessman has agreed to forfeit more than $70 million by cutting a record-breaking deal with the New Zealand police. ....

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