Interpol has issued a red notice for the arrest of a Chinese tycoon who has fled to the US, China’s foreign ministry said yesterday, as a political tussle over alleged corruption in the financial sector moved into the open.
Guo Wengui, a key figure in a management fight at one of China’s most prominent securities firms who has lived in exile for two years, has given interviews this year alleging corruption by senior members of the Chinese security apparatus.
His return to the spotlight has coincided with the disappearance of Xiao Jianhua, a businessman known for handling the affairs of prominent Chinese families. He was spirited to the mainland from Hong Kong in late January.
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