Xiao’s extrajudicial abduction came amid a broader crackdown on corruption launched by Chinese leader Xi Jinping, which has snared a slew of senior officials and executives at big Chinese companies.
Sedertdien, Xiao has not been seen in public. Chinese authorities have not disclosed the charges against him or any other details of his case.
Xiao was one of China’s richest men and controlled the Tomorrow Group, a massive holding company with stakes in banks, insurers and property developers.
According to Hurun, which analyzes Chinese wealth, Xiao had a net worth of $ 6 billion and ranked 32nd on its 2016 rich list, a league table equivalent to the Forbes list.
In Februarie 2017, a person familiar with the situation told CNN there was a small scuffle between two dozen security officials and Xiao’s own security detail, which usually numbers about eight bodyguards per shift. The source asked to remain anonymous because of the politically sensitive nature of the case.
Chinese Foreign Ministry spokesperson Zhao Lijian said he was unaware of the situation when asked about Xiao’s trial at a news conference on Monday.
Who is Xiao Jinhua?
A Kanadese citizen born in China
, Xiao was one of a number of Chinese tycoons who had moved to Hong Kong and taken up residence in private apartments at the 5-star Four Seasons hotel during Xi’s crackdown on corporate excess
Xiao’s disappearance sent shockwaves through Hong Kong’s elite business community, where it was widely interpreted as a signal the city was no longer beyond the reach of the mainland’s security apparatus.
It also stoked wider fears concerning the erosion of the city’s freedoms, as guaranteed under the “one country, two systems” policy agreed to as part of Britain’s 1997 handover of Hong Kong to China.
Xiao’s case has drawn comparisons with Lee Bo
, a bookseller and British passport holder who disappeared from Hong Kong in
2015 and later turned up in Chinese custody
. Five booksellers went ontbreek that year
, all of whom were involved with publisher Mighty Current and its shop Causeway Bay Books
, which sold gossipy titles about China’s elite
These disappearances took place even before Hong Kong’s anti-government protests in 2019
, which were initially triggered by a controversial extradition bill that proposed allowing Hong Kong to transfer fugitives in the city to mainland Chinese courts
The government eventually geskors the bill to quell mass protests before Beijing imposed a sweeping national security law over the city in
2020. Die wet, which extends Beijing’s direct control over the city
, grants mainland officials the power to
” over cases that
“jeopardize national security.
The law criminalizes secession, subversion, terrorisme, and collusion with foreign powers, and carries with it a maximum sentence of life in prison.
Critics say the law has been used to silence all dissent against the Hong Kong government, which has repeatedly defended the legislation, saying it returned the city to stability.