[Epoch Times December 12, 2021]The latest news made the senior CCP officials in Beijing wow. On December 10, the mainland portal NetEase quoted a report from Reuters that the US Treasury Secretary Yellen stated at President Biden’s Democracy Summit on the 9th that the US Treasury Department is working hard to crack down on overseas money laundering and illegal financing. The Treasury must It has played an important role in fighting corruption at home and abroad, and announced a new “fund” to reward reporting of corruption and help the United States in its efforts to identify and recover stolen assets and return them to relevant countries. Obviously, its fundamental purpose is to fight corrupt foreign leaders who hide their assets in the United States.
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Which country’s senior officials worry most about this latest US move? Of course, it is none other than the CCP, because they have the most family members, children and assets in the United States and other Western countries, and they are the main force involved in corruption, money laundering, and illegal financing.
Public information shows that Deng Zhuodi, the grandson of Deng Xiaoping, and Jiang Zhicheng, the grandson of Jiang Zemin, are both of American nationality. The descendants of senior CCP officials have the nationality of the United States and other Western countries, including the children of the current Zhongnanhai senior officials.
In 2012, statistical data from an official internal authority was exposed. As of the end of March of that year, among the 204 members of the 17th Central Committee, 187 of them had immediate family members settled in Western countries such as Europe and the United States or had joined the office. Nationality, accounting for 91%; among the 167 alternate members, 142 relatives have emigrated overseas, accounting for 85%; among the 127 members of the Central Commission for Discipline Inspection, 113 relatives have emigrated overseas, accounting for 89%. The report also quoted statistics from the US government that 75% of the sons of officials above the ministerial level of the Chinese Communist Party (including those who have been abdicated) have U.S. green cards or citizenship, and their grandchildren have U.S. citizenship of 91% or more.
According to a survey conducted by the Organization Department of the Communist Party of China in 2011, in the past few years, the families and children of high-ranking cadres of the Chinese Communist Party have immigrated overseas. There are 1.08 million people including Hong Kong and Macau. This list includes Zeng Wei, the son of former Politburo Standing Committee member Zeng Qinghong, who immigrated to Australia in 2008, and the two sons of former Politburo Standing Committee member Jia Qinglin who went to Australia.
Accompanied by the emigration of senior officials’ children and grandchildren abroad, it is a huge asset that has been transferred out. No one knows exactly how many assets the CCP senior officials have overseas. We can only peek at a corner from some public data.
In early August 2019, Professor Jia Kang, a member of the 11th and 12th National Committee of the Chinese People’s Political Consultative Conference, former director of the Finance Department of the Ministry of Finance, and chief economist of China New Supply Economics Research Institute, forwarded a shocking news: Staggering, the Swiss Bank announced that 100 Chinese people had a total of 7.8 trillion yuan (RMB) in deposits. The message was deleted after being forwarded in large numbers.
100 Chinese people have 1.1 trillion U.S. dollars in deposits in UBS, which is really surprising. This is the same as the 2013 WikiLeaks “Chinese Secrets” revealed that the senior CCP officials have about 5,000 accounts in Swiss Banks. Two-thirds of them are officials of the CCP Central Committee. Almost everyone from the CCP’s deputy prime ministers, bank governors, ministers and members of the Central Committee. All have the information of an account, which can be mutually confirmed.
Since CCP officials have fled and their children or emigrated after retirement, they prefer the United States, Canada, Australia and other countries. Therefore, there are not a few high-ranking CCP officials and other officials who have accounts in the United States.
According to Guo Wengui, a wealthy mainland Chinese man in the United States, broke the news in 2019 that Jiang Zemin’s grandson, Jiang Zhicheng, holds at least US$500 billion in assets, and that the wealth controlled by the Jiang Zemin family overseas is at least US$1 trillion. There are thousands of companies controlled by the Jiang family. Financial institutions, groups, companies, through a series of measures such as state-owned, financial instruments, financial institutions, large guarantees, and privileges, have already laundered US$500 billion in overseas funds. These funds were transferred to various places, including investment in several major funds and several major technology companies in the United States.
According to reports, not only the Jiang family, but also many high-ranking officials of the CCP, such as the former secretary of the Central Political and Legal Committee Meng Jianzhu, and the current Politburo Standing Committee member Han Zheng, have huge assets overseas. How many of these assets are invested in American funds and large companies? How much money did they whitewash through white gloves over the years?
If the senior officials of the Chinese Communist Party have been well in the past, then as the United States and Western countries recognize the evil face of the Chinese Communist Party, as the anti-Communist democratic alliance gradually forms, as the United States and Western countries develop political, economic, military, cultural, network, and technological The all-round counterattack against the CCP, including human rights, and the freezing of the assets of the CCP’s senior officials hidden in the West, will surely become a measure to combat the CCP.
Different from the previous US sanctions against CCP officials, this time the United States has adopted a reward method, that is, through private reporting of senior CCP officials, more detailed information can be obtained and the assets they have stolen from China can be found out one by one. You know, there are many insiders who hate the CCP system at home and abroad and know the CCP’s shady scenes. The United States rewards and reports, which is absolutely bad news for the CCP officials.
As we all know, the United States, Britain, Switzerland and other Western countries have laws to freeze foreign assets. For example, in the United States, the Overseas Assets Control Office under the Department of the Treasury is specifically responsible for this work. The office lists the “List of Special Foreign Institutions”, and the financial institutions on the list must freeze their assets and report the freezing to the Overseas Assets Control Office within 10 working days. It is reported that the names of dictators in many countries are listed on the list.
In addition, in 2007, the United Nations and the World Bank jointly launched an initiative, the “Stolen Asset Recovery Initiative: Challenges, Opportunities, and Action Plan”, which aims to help developing countries recover the possessions of corrupt leaders and officials. Stolen national assets. On the second day of its launch, the initiative not only received support from the United States, Britain and other countries, but Switzerland, which has always been known as a “money launderer’s paradise”, also issued a statement expressing its willingness to cooperate with the United Nations and the World Bank. As a direct result of this cooperation, Switzerland enacted the Dictator Assets Law in 2010. According to the law, Swiss Bank has announced that it has frozen the property of dictators such as Ben Ali, Mubarak, Gaddafi and their families.
In Libya, after the battle to oust Gaddafi from power by the opposition forces in Libya, $60 billion in assets held by Gaddafi or his associates were successively frozen by the United States, Britain, Italy, Sweden, Switzerland and other countries. Among them, the United States froze the card. Zafi’s assets in the United States are more than 30 billion U.S. dollars, Britain has frozen more than 20 billion U.S. dollars, Italy has frozen more than 6 billion euros, Sweden has frozen 1.6 billion U.S. dollars, and Switzerland has frozen 900 million U.S. dollars. Later, these properties were returned to the host country after the dictator was overthrown.
So, the latest release by the United States to mobilize foreign leaders’ assets hidden in the United States should be a warning to Beijing, that is, if Beijing attacks Taiwan, if the CCP continues to escalate its persecution of human rights, and if the CCP makes dangerous moves that worry the West, the U.S. freezes it. The assets of senior CCP officials are also an option for sanctions, and it is reasonable for other Western countries to follow suit. Moreover, the United States still has a lot of information about the children and family members of senior CCP officials in the United States. It is said that a few years ago, it was rumored that the US president would release the files of 1.8 million children of Chinese officials in the United States.
The senior CCP officials, who have already seen the CCP in their hearts and are always ready to jump off the ship, are facing a situation where their economic interests are about to be lost. Can they really stay calm and stay with the evil in the system?
Editor in charge: Putan
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