Sunday, January 10, 2010

how much is enough

According to a new Chinese gov't study, the last 30 years there were
over 4,000 high level officials left the country with an average of
about 100Million RMB. Most left for the US, Canada and Australia.
Others, might head to Africa, Eastern Europe and Latin America with
final destinations to US and Canada. If the Western Countries are so
due diligent to ensure NO $ laundry, how the heck can these Chinese
officials got to receive so much $ in US or Canadian bank accounts.

Over the years, most corrupted Chinese officials send their children
first to obtain landed immigrant status with bags of cash; then over
time, "export" more cash to them in preparation for themselves to
leave the country at moments notice. There is monitoring and
restrictions of sending $ abroad from mainland Chin@. However, with
"cash payment" everything is possible.

Wonder how many of the 3Trillions are out there somewhere and not IN
country.

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