EXPOSED!! Another Tiger Caught From The Evil Den!

Another top Chinese official is set to lose power, and has already had his extreme wealth exposed.

Zeng Qinghong, the regime’s former vice chair, was found to have fraudulently declared his assets four times, according to Hong Kong’s Chengming Magazine in its September edition.

The magazine also reported that the Zeng family assets reach over 20 billion yuan ($3.2 billion) in domestic and overseas properties, based on incomplete statistics from the Chinese Communist Party’s relevant state department.

Zeng’s family properties are widely spread in Hong Kong, Macau, Australia, New Zealand, and England, among other places.

Some of Zeng’s business buildings in Beijing, Shanghai, and Hangzhou cities are worth a market value of around S$1.2 billion; residency villas and apartments are worth $840 million to $1 billion; bonds and securities are worth US$1 to US$1.2 billion; and Zeng’s accounts in financial institutions have a balance of $210-242 million.

His properties in Australia are worth $2.5-3.2 million; in addition Zeng owns other foreign bonds, securities, and savings of unknown value.

Many overseas Chinese language media have reproduced the Chengming Magazine report, but Chinese authorities have not responded to it. Zeng’s family properties are widely spread in Hong Kong, Macau, Australia, New Zealand, and England, among other places.