Xiao Jianhua: China court sentences Chinese-Canadian billionaire to 13 years in jail
出生在中国的加拿大商业大亨肖建华被判处 13 年有期徒刑，他的公司明天控股被罚款 550 亿元人民币（81 亿美元）。肖于 2017 年 1 月在香港一家酒店的房间里失踪，据信已被中国大陆当局带走，他五年来首次公开露面。
A China-born Canadian business tycoon Xiao Jianhua was sentenced to 13 years in prison and his company Tomorrow Holdings was fined 55 billion yuan ($8.1bn).
Xiao, who disappeared from his room at a Hong Kong hotel in January 2017 and was believed to have been taken by Chinese mainland authorities, made his first public appearance in five years at the trial.
The owner of the Beijing-based Tomorrow Holdings was convicted of illegally obtaining public deposits, breach of trust, bribery and the illegal use of billions of dollars funds, according to a ruling by the Shanghai No 1 Intermediate People’s Court on Friday.
He was found guilty of improperly taking more than 311.6bn yuan ($46bn) from the public and misuing entrusted property and money totalling 148.6bn yuan ($21.8bn), the court said.
Xiao was fined 6.5mn yuan ($950,000) and additionally, his company was fined 55bn yuan ($8.1bn), the court said.
The court added the punishment was mitigated because the company and Xiao had admitted their crimes and cooperated in recovering illegal gains and in restoring losses.