Vijay Malya, an Indian businessman with a colorful persona as colorful as his Kingfisher Calendars, is accused of fleeing India as a loan defaulter. As the weather is heating up in the dusty plains of India with his moneylenders giving him a hot chase, he is now cooling his heels in the salubrious, cooler climes of England.
The Kingfisher bird, a la his famously failed airlines, flew across the seven seas to his safety net, from the net and the clutch of his clients and money owners. It rings a bell about the not so long ago sentencing of several Business Czars in China. China's President Xi Xinping is cracking whip on their corrupt underbelly, which includes but not limited to Businessmen. He is now using his influence, persuading foreign countries to send back those who fled with their ill gotten wealth.
Most of the perpetrators flew abroad, the list of countries include the closer Singapore to farther United States. Some of these fugitives have surrendered. A few still remain at large, being harder nut to crack - for they have fled to US, Canada and Australia with whom China has no extradition treaty.
Yet China has been able to press America to get some concession in the form of them agreeing to cooperate by deciding to repatriate some, with the condition that the cases being handled as per American law and value (it's just a standard rider from the Americans. No sooner than those Chinese guys are sent back to China, as some already are, Gulag rather than American value will be awaiting them).
If fraudulent practises are epidemic in India, it's rampant in China which is known to hang folks convicted of such charges. I don't think they fled overnight without the knowledge and connivance of the Chinese authority, especially in a nation where one may not able to fart privately without the government sniffing at you.
Yet, setting up an example by bringing a few fugitives back to homeland has it's effect, acting as a great deterrent, accusations of political vendetta or agenda not withstanding. When the bull is in China shop, they take it by horn. There will be damages, but minimized and exemplary to the rest. Hope the neighbors of the Middle Kingdom, sharing their border and a history of 3000 years follow the suit.
The Kingfisher bird, a la his famously failed airlines, flew across the seven seas to his safety net, from the net and the clutch of his clients and money owners. It rings a bell about the not so long ago sentencing of several Business Czars in China. China's President Xi Xinping is cracking whip on their corrupt underbelly, which includes but not limited to Businessmen. He is now using his influence, persuading foreign countries to send back those who fled with their ill gotten wealth.
Most of the perpetrators flew abroad, the list of countries include the closer Singapore to farther United States. Some of these fugitives have surrendered. A few still remain at large, being harder nut to crack - for they have fled to US, Canada and Australia with whom China has no extradition treaty.
Yet China has been able to press America to get some concession in the form of them agreeing to cooperate by deciding to repatriate some, with the condition that the cases being handled as per American law and value (it's just a standard rider from the Americans. No sooner than those Chinese guys are sent back to China, as some already are, Gulag rather than American value will be awaiting them).
If fraudulent practises are epidemic in India, it's rampant in China which is known to hang folks convicted of such charges. I don't think they fled overnight without the knowledge and connivance of the Chinese authority, especially in a nation where one may not able to fart privately without the government sniffing at you.
Yet, setting up an example by bringing a few fugitives back to homeland has it's effect, acting as a great deterrent, accusations of political vendetta or agenda not withstanding. When the bull is in China shop, they take it by horn. There will be damages, but minimized and exemplary to the rest. Hope the neighbors of the Middle Kingdom, sharing their border and a history of 3000 years follow the suit.
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