Red Roulette

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cassowary
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Red Roulette

Post by cassowary » Thu Nov 11, 2021 3:08 am

Ex-husband of missing Chinese billionaire risks all to tell his story

I am reading Desmond Shum's book and should finish by tomorrow. Desmond and his wife, Whitney grew wealthy in China by shmoozing with China's elite, especially Aunty Chang, the wife of former PM Wen Jiaobao. Then they got divorced. He left China with his young son. His ex-wife dissapeared.

When he was about to publish his book, she reappeared. Read the book. Its an eye opener on the CCP.
The Imp :D

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cassowary
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Re: Red Roulette

Post by cassowary » Mon Nov 15, 2021 9:53 pm

I finished the book. Here are some juicy parts.

Desmond Shum and his wife, Whitney made a fortune in China. The both complemented each other in skills. Whitney had the people skills to network (or cultivate Kuansi) with the elite of China. Desmond was a good manager. They got to know Wen Jiaobao's family very well. (Wen JIaobao was China's former PM).

Projects flowed into their company. They were able to get prime land at cheap prices to build airport cargo terminal, apartments, shops, offices. One day, things went sour. A NYT article reported that the wealth of Wen's family amounted to $3 billion and Whitney was implicated.

This angered Wen Jiaobao who claimed that he knew nothing about his family's businesses. The upshot of that was that the Wens had to put some distance with the Shums. What happened was this.

Sometime in 2012, Chungking police chief, Wang Jilun walked into the US embassy asking for amnesty. According to the book, Wang was afraid that his boss, Bo Xilai, wanted to kill him.

Wang had discovered that Bo's wife had murdered a British businessman, Neil Heywood. His boss was infuriated and slapped him very hard. Then Wang was fired. Thinking he was going to be murdered, he fled to the US consulate.

The consulate was ringed by Bo's policemen. Then Beijing heard about it. They persuaded Wang to go to Beijing. Protected by the federal police, he told his story to the highest leaders - China's standing committee of the politboro. The small group of men had to decide what to do.

According to Desmond, the first to speak was Chou Youngkang, an ally of Bo. He wanted the case to be hushed up. But Xi Jinping wanted to rid himself of a rival for power. Bo had been his top rival. So he asked for further investigation. Wen Jiaobao then made the decision that sealed Bo's fate. He agreed with Xi. This swayed the rest. Later, he publicly denounced Bo.

Bo was of course corrupt like nearly everybody else. He was charged with corruption.

This angered Bo's friends who were all part of the Jiang Zemin gang. So to take revenge on Wen, they gathered all the evidence of corruption against Wen Jiaobao and gave it to NYT.

Another story from the book:

LIng Jihua was another elite that the Shums cultivated. According to the book, he was a rare breed in China. He was not corrupt. But one day, Ling's son, Ling Gu was killed in a car crash. Ling Jihua told Desmond Shum that he believed it was no accident but a murder. Later, he was accused of corruption and jailed. He too was Xi's rival for power.

There is more. Sometimes, corrupt officials get promoted while the one rare innocent one was framed for corruption. That's China.

Corruption, murder and billions of $$$ among China's top 1%. But this is the country Sertorio likes.
The Imp :D

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