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Chinese leaders' kin stash riches in offshore holdings: Probe

Published on Jan 22, 2014 11:39 AM
 

HONG KONG (AFP) - Relatives of top Chinese leaders including President Xi Jinping and former premier Wen Jiabao have used offshore tax havens to hide their wealth, according to a mammoth investigation released on Wednesday.

The International Consortium of Investigative Journalists (ICIJ), citing information culled from 2.5 million leaked documents, said that Mr Xi's brother-in-law and Mr Wen's son and son-in-law were among those with offshore holdings.

It is the latest revelation to shine a light on the hidden wealth of family members of China's top officials, a topic considered off-limits by Communist Party leaders.

Offshore entities can be legal and there was no evidence that the politicians were aware of their relatives' actions.

 
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